TSX:SOT.DB - Post by User
Comment by
robbie88on Feb 07, 2021 4:03pm
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Post# 32496644
RE:RE:RUMOR: SOT.UN targeted
RE:RE:RUMOR: SOT.UN targeted Was told by a friend and I couldn't find anything by myself. That's why I come to this board for answer.
I did some research by myself though. SOT.UN appears to be very good target.
SOT.UN has 1.6 billion assets and less than 1 billion debt. However, market cap is less than $300 million. It seems that the lenders support the asset valuation though.
Tenant relationship is very important in this business and Slate has done really bad job. If the occupancy can be increased to 90%, lots of money can be made.This might be another good reason to target SOT.