TSX:TNT.UN - Post by User
Post by
SNAKEYBOYon Jun 25, 2023 11:19pm
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Post# 35513993
Market cap is getting hostile bid scary
Market cap is getting hostile bid scaryIm not sure to what extent Daniel and Starlight beleive in the value of TNT and future to return stable distributions.....but this is a tiny REIT and when share price shed 400 million off market cap in a few months its possible. If there debt was lower and had a better balance sheet for sure it would have happened by now, but the market is ascribing that their is very little equity value, i.e. the debt cancel out the asset value