Join today and have your say! It’s FREE!

We will not release or resell your information to third parties without your permission.

Please Try Again

By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

Please Try Again

Password Hint : {{passwordHint}}

Remember me

Bullboard - Stock Discussion Forum Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.DB

Alternate Symbol(s): SLTTF | T.SOT.UN | T.SOT.DB.A | T.SOT.DB.B

Slate Office REIT (the REIT) is a Canada-based global owner and operator of workplace real estate. The REIT is an unincorporated, open-ended real estate investment trust. The REIT owns interests in and operates a portfolio of real estate assets in North America and Europe. The REIT's portfolio is primarily comprised of government and credit tenants. The REIT's portfolio consists of... see more

Add To Watchlist

Bullboard (TSX:SOT.DB)

View:

Comment by HRc60to65on Oct 03, 2024 10:13pm

RE:RE:RE:RE:RE:Armoyan wins

Debentures will be exchanged for sot units in time not in cash

Discussion

Comment by HRc60to65on Oct 03, 2024 10:12pm

RE:RE:RE:RE:RE:Armoyan wins

We do not know what GA is wanting. GA can buy all Irland buildings from SOT. Then SOT has the money to remove the default and pais some debts. Then SOT units and debentures recover ...more

Discussion

Level Up Your Trading with BMO InvestorLine’s Enhanced Features

posted Nov 24, 2024 9:00am by Bank of Montreal

Features like Multi-Leg Orders, Options Screener, and Strategy Builder will be particularly exciting for traders. They have been designed to be intuitive and user-friendly, regardless of your experience level. Whether you’re a seasoned pro or just starting out, you’ll find these tools easy to navigate and adapt to your investing style. ...read more

Comment by divhunter1on Oct 03, 2024 10:07pm

RE:RE:RE:RE:Armoyan wins

I think there will be a 'deal' around those debentures ....in time ! :)

Discussion

Comment by Tree2treeon Oct 03, 2024 7:32pm

RE:RE:RE:RE:Armoyan wins

todd, by debt holders I meant the institutions who are owned money by SOT, not the debenture holders.

Discussion

Post by garyreinson Oct 03, 2024 6:44pm

Simple question

What affo multiple is the current trading price. Assuming a 7 or 8% cap rate or whatever brilliant class office has what's the NAV. If it's really cheap it can be bought out ...more

134

Comment by toddkazon Oct 03, 2024 6:42pm

RE:RE:RE:Armoyan wins

How are the debt holders onside when the debentures aren't being paid. Unless Armoyan buys them back but at a discount.

Discussion

Comment by divhunter1on Oct 03, 2024 6:06pm

RE:RE:Armoyan wins

Yes , I agree with you , debt holders are onside now plus there is likley an interested buyer and they are firming up contract details . Exciting times for sure !

Discussion

Comment by divhunter1on Oct 03, 2024 6:03pm

RE:RE:Armoyan wins

I agree with you . Good observations . SOT will be at resistance level tomorrow at .95 cents , then up to 1.50 very quickly once past the dollar area (.95 cents) mark .

Discussion

Comment by Northforce13on Oct 03, 2024 5:17pm

RE:RE:RE:RE:RE:RE:Armoyan wins

Substantial GA has significant capital available to address SOT's problems Seem possible he leveraged that in some fashion to get what he wanted in terms of the Welch brothers resignation ...more

115

Discussion

Comment by toddkazon Oct 03, 2024 4:38pm

RE:RE:RE:RE:RE:Armoyan wins

The question is why did he sell? To buy Slate Office? Didn't care about owning Senators anymore? Someone is buying up shares

Discussion

Comment by HRc60to65on Oct 03, 2024 4:30pm

RE:RE:RE:RE:Armoyan wins

Ottawa Senator are valued at 800M$US 12% = 96M$US x 1.33 = 127M$CDN

Discussion

Comment by toddkazon Oct 03, 2024 4:19pm

RE:RE:Armoyan wins

I very much doubt there are many big players.

Discussion

Comment by HRc60to65on Oct 03, 2024 4:18pm

RE:RE:RE:Armoyan wins

October 1, 2024 [Friedman] From Board of Governors: Ottawa’s Michael Andlauer purchased George Armoyan Sr’s 12 per cent stake of the Senators. The Tampa Bay sale from Jeff Vinik to Doug Ostrover was ...more

Discussion

Comment by toddkazon Oct 03, 2024 4:17pm

RE:RE:RE:RE:RE:Armoyan wins

From Board of Governors: Ottawa’s Michael Andlauer purchased George Armoyan Sr’s 12 per cent stake of the Senators Is George gonna buy Slate? October 2: The NHL Board of Governors approved Andlauer ...more

Discussion

The Market Update

< Previous bulletin

Next bulletin >

A daily snapshot of everything
from market open to close.

< Previous

Next >

Dealroom for high-potential pre-IPO opportunities

Become a member today, It's free!

Sign In

Send my password

Become a member today, It's free!

Bullboard - Stock Discussion Forum Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.DB

Alternate Symbol(s): SLTTF | T.SOT.UN | T.SOT.DB.A | T.SOT.DB.B

Join the community and start posting on the bullboards today. It's free.

Create a portfolio watchlist today. It's free.

Bullboard (TSX:SOT.DB)