Post by
materialsgirl on Dec 27, 2022 10:21am
down by 50% over 8 months
This is an outlier.
*** was the concept a bad one for investors from day ONE?
*** did management screw up in execution?
*** did management scoop up to much in fees for the IPO and launch?
Dream Impact is also sluggish but some REIT comanies are doing
fine within their segments.
mat
Comment by
incomedreamer11 on Dec 29, 2022 10:43am
Lots of reason for 50% haircut: - overpriced IPO ( they started promote in range 13-16$ and finished with below IPO first day of trading) - external managment this company with conflict of interest - bad track of performance all Dream ( and before Dundee) real estate company - tax implication( all distributions come from US resource)