Dream Office Real Estate Investment Trust Unit - Series A T.D.UN

@ the Bell: Markets come roaring back

[Frankie10]

Easiest solution would be to contact your brokerage (TD). I use IBKR so I can't help with the step by step. What I would add is - the deadline for the tender set by IBKR is June 16th - I mention

[SNAKEYBOY]

Depends on broker.  But if you plan on tendering you will need to contact them or have a corporate action available in your account that lets you fill out a form.  Thats what Interactive

[ScroogeMcDuck1]

So whats the process for selling my shares back?  I would have thought there would be a package of papers in the mail detailing this buyback.  If I didn't occasionally look at financial

[Reece1986b]

The documentation for the SIB says they will try to get everyone paid within 3 business days. Then they can continue the NCIB they put on pause. You might be right about the shorts piling back in and

[SNAKEYBOY]

There will be nothing supporting the price and the tender count  probably will take a 5-10 days to announce the closing of it.  I can see it drop to $13 briefly because the SHORTS AND BOTS

[SNAKEYBOY]

If its  oversubcribed we're screwed...youll just get a buyout or second sib later in y ear for a tad higher maybe

[Reece1986b]

NAV according to Dream Office is estimated at $35.85 after a fully subscribed SIB. A half NAV offer of $18 for the REIT just might be accepted. That would be a greater discount to NAV than Artis

[SNAKEYBOY]

Only 18 million shares wiill not be in Coopers/DAM/Sandpipers/Artis' hands (assuming they dont tender) 18 x $16 = $288 milion If unit price falls or can't appreciate and is stuck at $15 or

[Reece1986b]

The reverse split and other proposed changes would also be unnecessary if the purpose of the SIB was to provide insiders with exit liquidity. I think Cooper sees a lot of value here but you are

[SNAKEYBOY]

The reverse split somewhat discredits the privatization play shortterm because that's an unnecessary action if d.un were to be taken private in the months following the SIB. however it's still

[SNAKEYBOY]

If I can get 5k more under 14.65 I'll be very happy.  The final week June 12 to 16 price should be close to 15.50.  

[Jon Brown]

After a few lacklustre sessions, Canada's main stock index joined markets across the globe in a higher trading day on Friday read article.

[SNAKEYBOY]

$14.59...imagine how breain dead you need  to  be to sell when  you can realize 90cent upside in 2 weeks!I  I BOUGHT ANOTHER 2K!   16K TOTAL SHARES FOR ARB!!

[Reece1986b]

Congrats SNAKEYBOY! Hopefully AX, FCR, D keep rallying so Artis/Sandpiper won't feel they are under any pressure to tender some D units. I think it would truly be an incredible opportunity for

[SNAKEYBOY]

Easiest 15k  I made assumingall goes to plan!

[SNAKEYBOY]

Feels too good to be true.  Watch it all be red by end of day