TSX:SOT.DB - Post by User
Comment by
CanSiamCypon Jun 21, 2022 11:43am
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Post# 34771390
RE:RE:SOT.UN has renewed the NCIB ...
RE:RE:SOT.UN has renewed the NCIB ...No ... to raise more capital for further acquisitions ... thereby diluting the NAV per unit again (as per their practice). Why does this negative practice continue? Cuz SLAM (and thereby the Welch Brothers) get a fat commission on acquisitions! They are not aligned with unitholders ... so hopefully the accumulation of units by Armoyan will lead to a hostile takeover in the near future ... and then "sayanora suckers" to the Welch Brothers! Cheers!