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Bullboard - Stock Discussion Forum 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):  T.SOT.DB.B | T.SOT.UN | SLTTF

TSX:SOT.DB - Post Discussion

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Post by SNAKEYBOY on Sep 30, 2022 10:26am

SOT IS NOW A SAFE INVESTMENT THANKS TO AROMYNE

He has a plan.  It's either shakeup management and put this on a path to restore NAV, though may not be easy immediately due to the frozen office market, OR, its a hostile takeover, in which case you cash out for $4.xx/share, so not big downside.
Comment by Detailoriented1 on Oct 01, 2022 11:27am
My thought is, he does not want to own it. He wants someone else to buy it from him and has made it easy for them to do so because he can soon guarantee them 20 percent of the vote in fabour of their takeover offer. So he says to Dream or someone else, make an offer of $6 for assets with a vale of more than $7 and I will vote in favour and so will lots of others even if Management recommends ...more  
Comment by SNAKEYBOY on Oct 01, 2022 10:48pm
Ah, good point.  That may have happened with Cominar.