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Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.DB.A


Primary Symbol: T.SOT.DB Alternate Symbol(s):  SLTTF | T.SOT.DB.B | T.SOT.UN



TSX:SOT.DB - Post by User

Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 > SOT.UN has renewed the NCIB ...
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Comment by Ladislav3on Jun 21, 2022 12:40pm
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Post# 34771632

RE:RE:RE:SOT.UN has renewed the NCIB ...

RE:RE:RE:SOT.UN has renewed the NCIB ...NCIB is worthless but I am very concerned at continued dilution at these prices which is non-sensical. 

$40,000,000 (at current prices >10% of market cap) dilution, on top of which SOT.UN will pay the BMO and RBC a 2% commission for bringing these units to market. So in total dilution of up to $40,800,000. I hope our new shareholders start putting pressure on this useless manager and the trustees for even considering diluting substantially at this price point.
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