TSX:AX.PR.E - Post by User
Comment by
SNAKEYBOYon Jul 01, 2023 4:23pm
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Post# 35523813
RE:RE:RE:RE:FCR on the move
RE:RE:RE:RE:FCR on the moveHey man, that 300 million of public investments is investor capital and partially why the reit has underperformed. There's very little room for error or leaving it up to chance with playing stock trader. Between dream office, fcr and another undisclosed security sold I expect almost 100 million has been sold at a sizable net loss. And they haven't even been held for more than 1.5 years.... but the buys and sells are generating fees for Sandpiper. Simply put the reit can do without this sideshow.... and even if he sold at 20% profit it would indicate he's trading. Remember the point was to gain control of reits and pull levers to recognize value.