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

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



TSX:SOT.DB - Post by User

Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 > News. Big deal
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Comment by CanSiamCypon Nov 15, 2021 7:25pm
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Post# 34129645

RE:RE:RE:RE:News. Big deal

RE:RE:RE:RE:News. Big dealHi Cap! So what is your take on the bottom line? Of course, we know that SLAM is primarily motivated by their acquisition incentive fee. But will the diversification - geographic, tenant, and composition (some light industrial) - be beneficial to us the unitholders? I will be very interested to see if SOT.un falls below the secondary offer price of $4.90 tomorrow. If it holds higher, that will be a positive indicator - otherwise "look out below". Cheers!


Capharnaum wrote: To dilute at $4.90 tells you something about what they believe the true value of their assets is.

Slate is smiling all the way, collecting their fee on the transaction.


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