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The Iran war is reinforcing a key theme that emerged from COVID, namely that countries will continue to focus on supply-chain security. Sulphur is a case in point with significant amounts of global supply disrupted in the Persian Gulf. That leaves Americas-focused Chemtrade Logistics Income Fund CHE-UN-T in an enviable position. Chemtrade manufactures sulphur-based products, water treatment products and specialty chemicals. On March 16, which marked the 17th day of the war, president and CEO Scott Rook bought 8,085 trust units in the public market at $15.24.
Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.