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

ACCORDING TO PRESS RELEASE ARMOYAN AGREES TO VOTE FOR SLAM

[MARKOPOLIS]

in both 2023 and 2024 AGM. Well im starting to get a bad feeling SLAM offerred a "cut" to Armoyan for his support from fees.

I know it sounds conspiracy theory BS but no mention on fee reduction at all how are they to grow earnings when they are in this mess 

Attending them AGM in person and asking would seem appropriate unless they try the "virtual AGM" nonsense again

cut the fees FFS

[KnownAwareness]

I just got out of SOT last week. It looks like I made the right decision.

[rabnud]

it pays a stong dist thats all I care 

[KnownAwareness]

How does that help if the share price % keeps going down more than the dividend yield? It's down another 14 cents since I bailed. They need to get rid of SLAM. 

[pjn0987654321]

No quick fix here.  Maybe distribution cut announced at AGM when they reveal "transformational" strategy 

[Ladislav3]

Hi Mark, I had the exact same thoughts when I heard that Armoyan had reached an agreement with SLAM (that he was going to be taking a cut of the development fee or some other incentive). Hopefully that's not the case otherwise we are stuck with a stinker for a long time. Having only 2 board positions will make it difficult for Armoyan to effect any change. I am still hopeful that the

[MARKOPOLIS]

Yes the only thought is Armoyan gerts a sizeable cut considering he agreed to vote for SLAM in 23 and 24  cutting the divy will spark a 15  to 20% drop the key is will the board agree to cut the massive fees paid to SLAM thats what you want to see in their update hopefully soon