TSX:TNT.UN - Post by User
Post by
EstevanOutsideron Nov 13, 2023 7:12pm
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Post# 35733149
Brilliant move by TNT
Brilliant move by TNTand one that I suggested myself. a 20% yield is ridiculous. maximize the wrath of the buyback at 10% when the implied trading valuation is $202 psf will allow for an even bigger distribution later potentially. they set a date to reintroduce the distribution in april. i think allied properties & dream should contemplate doing the same. the reverse split will make TNT once again eligible for reduced margin which will help the valuation when reit investments come back into favor.