OTCQX:PMULF - Post by User
Post by
truthseeker690on Jun 28, 2019 12:31pm
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Post# 29873944
Higher Bid Should be Sought
Higher Bid Should be SoughtSimply looking at the current multiples to book on US public multifamily REITS we see: Small Cap - Independence (IRT) 1.69X; NexPoint (NXRT) 3.36X and in micro-caps BlueRock (BRG) 3.76X. If management cannot negotiate a higher price they may want to consider simply continuing on with their independent growth strategy.