Dream Industrial Real Estate Investment Trust T.DIR.UN

Issue is not sold out yet

[savyinvestor333]

This is odd as usually these issues are only open for 30-60 minuted before they close. I see as of right now on TD it is still open so shares are still available. I know on Scotia last night they sold out in around 30 mins.

[pjn0987654321]

It is sold out on RBC.  TD, being the lead underwriter, maybe has more shares to offer.  

[savyinvestor333]

You are probably correct. it is still open on TD. Maybe they should have shared a bit more with the other houses.

[maypeters]

I do not think oversubribed as I got my allocation of 3000 shares in full.  They may have met their number but based on discussion with DIR - if more people subscribe can always upsize the issue since all the dry powder is pretty much used up.  Dream Unlimited (parent) is going to get a lot of fees from the issue - acquisition - disposition and incentive fees based on targets met. Lot

[RetiredCEO]

This post has been removed in accordance with Community Policy

[maypeters]

totally and most times it is the institutional guys themselves. 

[Rdjfarms]

I just got confirmation that I got half of what I asked for from BMO.