RE:RE:RE:RE:Dilution You obviously have no clue how REITs work don't you?
How can a company, which distribute most of his cash generated from the operation, can finance acquisitions? Two options, debt and equity ''dilution''.
Debt can be used at some extend (depending on rates, credit, etc.)
The point is, REITs will always use equity to pay the acquistitions!
What is important : AFFO/unit and FFO/unit growth
If we see an increase in these number (and I'm sure we will with the stellar track record of FRONSAC) we are getting more value per share no matter how much we are ''diluted'' or not.
Stay calm and enjoy one of the best ''under radar'' REIT on the Canadian market right
consistently raising BOTH distribution/share and FFO/share.