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Slate Grocery REIT T.SGR


Primary Symbol: T.SGR.UN Alternate Symbol(s):  SRRTF

Slate Grocery REIT (the REIT) is a Canada-based open-ended mutual fund trust. The REIT focuses on acquiring, owning, and leasing a portfolio of grocery-anchored real estate properties. The REIT has a portfolio that spans 15.2 million square feet of GLA and consists of 116 critical real estate properties located in the United States of America. The REIT owns and operates real estate infrastructure across United States metro markets. The Company's properties include Centerplace of Greeley, River Run, Sheridan Square, Flamingo Falls, Northlake Commons, Countryside Shoppes, Creekwood Crossing, Skyview Plaza, Riverstone Plaza, Fayetteville Pavilion, Clayton Corners, Apple Blossom Corners, Hillard Rome Commons and Riverdale Shops, Hocking Valley Mall, North Lake Commons, Eastpointe Shopping Center, Flower Mound Crossing, North Augusta Plaza, among others. The REIT's investment manager is Slate Asset Management (Canada) L.P.


TSX:SGR.UN - Post by User

Bullboard Posts
Post by Kayla3620on Feb 26, 2014 10:37pm
512 Views
Post# 22256948

Buy-out/price

Buy-out/price
Just doing a little back of the knapkin calculations: last news release reports that we have about 16,ooo,ooo OZ in the proven to inferred category reasonable take out price of $45 per OZ/insitu 16000000*45=$720,000,000 /400,000,000 shares --------------- $1.80 /share maybe a bonus 50,000,000 for the mill = $$1.92 / share Bottom line is this goes much higher in the next 12 months!!!!! I have a feeling that the first offer for a take-out will be when SGR is in the $0.80 range,and that could be this summer.Hoping the final buy-out is higher than $1.50 give it some sober thought.....
Bullboard Posts