TSX:AX.PR.E - Post by User
Post by
garyreinson Feb 29, 2024 9:17pm
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Post# 35908149
Reason for todays sell off
Reason for todays sell off And perhaps contnued selling pressure. Maybe it was the strategic review update that was leaked and creating the outsized down move today. Because that was keeping it afloat giving it a higher AFFO multiple than HR and BTB of 10-11x. Now the shorts and market goons dont think anything material is going to transpire and they could send it lower without having to worry about waking up a "sale"
Technically it also broke down
NCIB needs to be lock and loaded and ready to go. A measely 48m to run for 8 months is more than doable