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Regent Pacific Properties Inc V.RPP

Regent Pacific Properties Inc. is a Canada-based real estate development and investment company. The Company is engaged in the rental of commercial and residential real estate properties located in Canada. All the properties are in one region: Edmonton, Alberta. The Company also invests in residential and commercial properties located in Edmonton, Alberta. The Company has a portfolio consisting of about 72,675 square feet three-story commercial office tower and attached single-story bays with an underground parking facility (Cassel Centre), located in Edmonton, Alberta. It also has two residential condominium units located in Edmonton, Alberta. The Company seeks to expand its portfolio of income-producing properties.


TSXV:RPP - Post by User

Post by sdi1on Sep 01, 2000 3:16pm
249 Views
Post# 2425401

The deal is a DONE deal UNLEES...

The deal is a DONE deal UNLEES...Why such a large volume Everyday paying $0.195 to $0.205 a share? We know that 66% approval is not a problem. So the deal is a DONE deal UNLEES... a) Someone is seriously expecting a better deal like $0.3-0.4 /share (Another $160 million Cash, which is not a big deal to the industry now). b) If it is not because of some big boys who know much more about another offer, then, in a small chance, there are too many fools in the world who buy high (like $0.195 to $0.205) and sell low ($0.20), plus pay commission fee. OH, why is this board deatly silent lately???? Gee, it is tough for retail investors these days!
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