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Parent Capital Corp V.PAR.UN


Primary Symbol: V.PAR.H Alternate Symbol(s):  PTSRF

Parent Capital Corp. is a Canada-based junior resource company. The Company is engaged in the evaluation, acquisition, exploration and development of international resource properties. The Company is inactive and is engaged in seeking an asset to acquire. The Company does not own any resource properties.


TSXV:PAR.H - Post by User

Comment by YellowBrickRoadon Sep 12, 2019 3:24pm
251 Views
Post# 30121106

RE:New to reits

RE:New to reits
2FoRtheShoW wrote: Can someone please tell me about this company.
- Is this a safe investment?
- Does it pay0.015 cents per share per month regularely?
- Can this stock being a .un trust be traded like other stocks or am I locked in once in?
Thank you any advise would be greatly appreciated.


Safe?  You will have to do your own math, but some believe that it is trading under NAV right now.
This REIT has sold large portions of its portfolio.  If the REIT is wound up and there is money left over this could provide capital gains.  If they don't wind it up and there is no distribution, is it worth holding?  At this point it is in a holding pattern.  
There is no monthly distribution.
Yes, you can trade it like any other stock.

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