OTCPK:CMLEF - Post by User
Comment by
Beabaggageon Jan 21, 2016 2:20pm
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Post# 24481369
RE:DRIP GONE
RE:DRIP GONEI agree, less dilution.. unlike some E&P o/ng companies, they didn't really need this capital coming in for their biz plan. I see units being bot back too, about 1m left to go, they need to do another NCIB after this 4mil is done, continue to cut debt. great long term value in CA r/e for sure...what is long term anymore??lol, sometimes I think I am the only one left! Dallaires better continue to improve value or this co is toastie takeover gone bye bye at these values and AFFO, very little insider ownership. If you are able to borrow at 4-5% and buyout, can keep the AFFO, svc debt, becomes very profitable investment in safe country, mostly A rated properties! Bea.