TSX:AX.PR.E - Post by User
Comment by
InvestSmarteron Aug 02, 2023 7:33pm
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Post# 35570136
RE:SIB FOR $7.00 -15m shares
RE:SIB FOR $7.00 -15m shares No SIB. Will increase debt ratio.
Option 1
Liquidation! Sell all assets over a 2-3 year period and return all money to unitholders.
Option 2
Just sell the REIT for $10-$12. Sandpiper or another buyer can make bank on the $4-$6 NAV spread. Current unitholders can get out and reinvest elsewhere.