TSX:SOT.DB - Post by User
Comment by
MARKOPOLISon Nov 03, 2022 3:14pm
74 Views
Post# 35070692
RE:Interesting
RE:Interesting Let's say armoyan is successful and takes over reit, later ncibers how NAV is determined with some BS mark to model metric. If there is no justification slam could be held liable as they charge the fund a fee with a higher NAV
that's why they keep selling highly occupied propertie....just my opinion
if you take balances sheet take all buildings assets plus cash on hand minus all liabilities yiu get $7,45 value ...so you have to account drop prices from when they were acquired etc
sell side brokers are providing financing by using a lower NAV they are able get favourable terms financing ie see latest dent offering 5,50
just my thoughts