TSX:AX.P.E - Post by User
Post by
SNAKEYBOYon Sep 20, 2023 9:20am
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Post# 35644997
Why an Artis sale would be magical
Why an Artis sale would be magicalI said this before, imagine one day through Manji's miracle, Artis is up 40% on a takeover bid for $11. If you own a basket of canadian reits such as the snakeyboy, Oh man, what do you think Riocan, HR, PMZ, BTB, PRV will do, particularly the diversified reits with similar composition to artis. You think they will stay flat while artis gains 40%?
They will likely all move up 3-5% that day and trigger a small rally, as it is a large-scale confirmation of the "value".
Of course this is all magical thinking. We can still see a flop by manji and it take down the sector!