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Bullboard - Stock Discussion Forum Primaris Real Estate Investment Trust T.PMZ.UN

Alternate Symbol(s):  PMREF

Primaris Real Estate Investment Trust is a Canada-based company, which operates as an enclosed shopping center-focused real estate investment trust (REIT). The Company owns and manages 35 retail properties aggregating approximately 11.4 million square feet, including 22 enclosed shopping centers totaling approximately 9.8 million square feet and 13 unenclosed shopping center and mixed-use... see more

TSX:PMZ.UN - Post Discussion

Primaris Real Estate Investment Trust > WHAT A DAY!
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Post by SNAKEYBOY on Jun 13, 2022 4:13pm

WHAT A DAY!

Looked like it would come back but the market gods would not have it.  I did get some at $12.77 as well.  Deep in the red here. CEO Alex Avery has about 6 million at approx $14.30  (based on insider trades I see).   Hes bleeding big time. Would be great to see HOPP and PRIMARIS do a SIB (substantial issue bid) given how bearish investors are and bail us out for $14.50.   Imagine how immediately accretive to NAV that would be cancelling 15% of the float like that.
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