RE:This REIT SUCKSsnake123 wrote: Who would have thought back in February when they announced 800mil credit facility, disposition of 1/3rd of portfolio, dividend cut, that we would be here in f*cken July and not one NCIB purchase made. All that cash on hand to pay off some debt. What's the point? REITS should borrow and acquire attractive assets and grow earnings. This is a a$$-backwards operation. If only they could have RAMPED up the NCIB big time and cancelled 50,000+ a day under $21 would it make a diff. This REIT simply sucks. Even if they resume buying again, that 25,000 will take years to have any meaningful effect
I'd die laughing if they read this and buy back a single share on the NCIB, just for you Snake. Hahaha.