RE:Who is selling?The market just overlooked this. Actually it makes total sense for this to trade at this price.
Most investors don't look at FFO/share or book value. They look at the dividend yield.
MRT.UN yields 3.85%
Riocan yields 4.28%
Dream industrial yields 4.4%
why invest in MRT lol
And low liquidity means institutitions cannot build a meaningful position.
Market is always right, market is discounting low distribution and low liquidity.
Need catalyst.
slst wrote:
Ha Ha....just my luck, everytime i buy, it goes down some more. Watching my gains shrink.
Thought I was averaging up, instead I am averging down.
I am an old stubborn person. Did my due deligence and I see Deep Value. Most REITS (Bigger ones) are back most of the way. Hope I am right. Over $1/share annual cash flow.
Its either a no brainer....or "I" have no brain.