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Frontline Plc V.FRO.UN


Primary Symbol: FRO

FRONTLINE PLC is a Cyprus-based company primarily operating in the transportation sector. The Company's main focus is on seaborne transportation of crude oil and refined products. The Company owns and operates a fleet consisting of multiple VLCC, Suezmax and LR2 / Aframax tankers intended for freight of oil and cargo. The Company operates worldwide.


NYSE:FRO - Post by User

Post by BlueDoggon Jan 21, 2020 1:54pm
119 Views
Post# 30578757

Good move

Good moveDon’t worry about dilutions with this reit, it’s always been an acquisition story to build scale to increase AFFO/unit. They have been doing it with a lot of success in the past. Many trustee board members own substantial personal wealth in FRO.UN.  They invested in almost every unit issues so far and know what they're doing. CEO Zakuta of Plaza REIT is involved.  I like the fact they are issuing with many different brokers, connecting to a wider audience. 

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