GREY:SIHPF - Post by User
Comment by
DoubleOhDivon Mar 21, 2016 11:36am
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Post# 24683482
RE:Rts-slare ret reit shares
RE:Rts-slare ret reit sharesThese were issues as per a rights offering (shows as SRT.RT).
They allow the option to purchase shares at "C$13.71 or US$10.21"
I'm not sure if it makes sense for me to exercise rights as I originally purchased for much lower and the price doesn't seem to be much of a discount to where the shares typically trade at.
The rights can also be sold but become worthless when they expire after Apr 19.
Details were pulled from this link, for reference:
https://www.slateam.com/news/slate-retail-reit-reports-strong-fourth-quarter-and-2015-year-results-and-announces-unitholder-rights-offering/