TSX:SOT.DB - Post by User
Comment by
robbie88on Feb 07, 2021 4:40pm
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Post# 32496776
RE:RE:RE:RE:RUMOR: SOT.UN targeted
RE:RE:RE:RE:RUMOR: SOT.UN targeted We are just small retail investors and how could we get verified source.
My friend told me one story though: Majority of SOT assets had been purchased from Hunington (HNT.UN). A private fund called Front Four Capital targeted HNT.UN and purchased enough shares of HNT.UN to take control of the HNT. The occupancy rate went up then HNT.UN was acquired by SOT.UN. Front Four doubled its investment in two years.
There is no additional fund required to run SOT.UN as the cash flow is over 60 cents per year.
I doubt that suspicious short sell in December would be related to this to shake retail shareholders.