TSX:NWH.DB.G - Post by User
Post by
garyreinson May 17, 2024 4:13pm
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Post# 36046307
PDL AND PARTNERS OFFER FOR THE REIT
PDL AND PARTNERS OFFER FOR THE REITI dont think its inherenttly impossible that this initial narrative is dead, and could still be what may happen. However, rather than stink bid us at $8, they are willing to pay closer to NAV- $10/11, BUT, are in no rush given the SP will not take off any time soon. So they are getting the balance sheet in order, and waiting for rate cuts to be more "firm", then even if SP rallies to $6-7, the pieces are set up for them to take it out at $10isih.
just no rush given the current climate