Post by
alertmeipp on Feb 16, 2024 10:15am
It's the same company.
just instead of distribute the cash out, they keep the cash with the company (which we still own) and re-invest to the properties to ensure we can go through this cycle.
They still hold the DIR in place as the last resort if needed.
Comment by
jmkOttawa on Feb 16, 2024 10:27am
Precisely..!! Today is a buying opportunity.
Comment by
BlueJay2020 on Feb 16, 2024 12:43pm
Down over 31% in the last month, and yet nothing has fundamentally changed except the reduction in interest rates has been pushed back by a quarter. I had a stink bid in at $7.10 but never got within 50 cents of it. If it eases to $7.50, I might be tempted to buy at market.