TSX:SOT.DB - Post by User
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MARKOPOLISon Jun 16, 2024 6:58am
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Post# 36090956
seeking alpha analysis on slate call to zero
seeking alpha analysis on slate call to zero Outlook
Let's start with Slate Office REIT (OTC:SLTTF)(SOT.UN:CA). We got some pushback when we said it was headed to zero, and the biggest argument was, well, the discount to NAV. If you loved it at 60% of NAV, you should be getting a second mortgage to buy this today.
Data by YCharts
That was, of course, a joke. That company is still destined for zero in our view and likely won't make it through the next 12 months.