OTCPK:NNVUF - Post by User
Comment by
maypeterson May 22, 2020 11:35am
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Post# 31061010
RE:RE:Easy Money?
RE:RE:Easy Money?True that.
NVU is part of ZRE and other ETF's. If ETF's drop so will the stock. The upside is limited so if investors see better upside in other stocks they may take the cash and run.
I have been adding also.
No chance of there not being shareholder approval. Starlight and Kingsett Capital are smart players and considering the relationship of Daniel Drimemr (Starlight CEO) with Northview (biggest shareholder - on NVU Board and founder of True North Apartment REIT (part of NVU) .. also founder of Transglobe which got gobbled up in a big deal long time back.
Credit Suisse seems to be picking up shares for a shareholder > 10%. harbro wrote: There really aren't any conditions in the agreement I see that are out of the norm, and suspect recent weakness relates more to general economic angst than issues with closure. I expect strong shareholder approval given this is a cash deal, and having some dry powder does have appeal these days. Been at this for awhile, and noticed this same trading weakness before. and past REIT deals with Starlight have gone through without major issue. An announcement on the yesterday's voting results should will come soon. We'll see then. FWIW I've recently added to my position.