Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.DB

RE:Wait for the equity raise when they buy properties

[sunsurfer11]

they can't raise equity...would require too much of a discount given all the problems this thing has had and continues to have..if they get occupancy into low 90% range and units rebound to $6 or $7 maybe they can start thinking about equity issues again..until then nada..they will fund purchases with 50% debt and rest from existing liquidity..