TSX:MPCT.DB - Post by User
Comment by
InvestSmarteron Feb 12, 2024 6:37pm
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Post# 35876502
RE:buybacks
RE:buybacks They are putting 2 office properties up for sale, which will generate 25M in cash - no debt
One huge asset got density - Scarborough Junction. Very valuable. Little debt against it. This asset will go up for sale.
Working on 49 Ontario Deal - Worth about 45M in cash to MPCT. No details. Likely know more in 6 months
DAM is extending their management agreement to pay in units at or near NAV, not market trading price.
Replay Here
https://www.gowebcasting.com/events/dream-impact-trust/2024/02/12/fourth-quarter-2023-conference-call/play
ScroogeMcDuck1 wrote: Maybe they dont have the money for buybacks. Anyhow, what was said on the call? Would like to listen to it, not sure if its recorded somewhere?