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Bullboard - Stock Discussion Forum Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.DB

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

Slate Office REIT (the REIT) is a Canada-based global owner and operator of workplace real estate. The REIT is an unincorporated, open-ended real estate investment trust. The REIT owns interests in and operates a portfolio of real estate assets in North America and Europe. The REIT's portfolio is primarily comprised of government and credit tenants. The REIT's portfolio consists of... see more

TSX:SOT.DB - Post Discussion

Post by MARKOPOLIS on Jun 11, 2023 12:40pm

ARMOYAN AVERAGE SHARES IS

4.45 share this does not include distributions and on shares only 

Profit loss 

(36,200,000.00) loss 

I expect and takeout at 2.05 share 

office properties have no ability to refinance and the sales are few far between 

especially slate office classs B properties I watch the listings all over Ontario they are not moving I have over 40 on my radar 

 Brady Welch has bought zero shares on his own but still gets collect the $600k annual income as new CEO

brady welch is spending all his time at steel town hamilton development 

it's over
Comment by pjn0987654321 on Jun 11, 2023 12:56pm
4.45 on the 15% he holds If he gets the rest at 2.05, that will bring his average down a lot and if can sell company for more he will come out ahead but maybe he will not try to buy company and will accept loss  already he maybe regrets buying into sot.un and did not do enough due diligence   he would have seen like you that the listings are not moving  Brady Welch and ...more  
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