Slate Grocery REIT T.SGR.UN

Alternate Symbol(s): SRRTF

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Slate Grocery REIT (the REIT) is a Canada-based open-ended mutual fund trust. The REIT focuses on acquiring, owning, and leasing a portfolio of grocery-anchored real estate properties. The REIT has a portfolio that spans 15.2 million square feet of GLA and consists of 116 critical real estate properties located in the United States of America. The REIT owns and operates real estate infrastructure across United States metro markets. The Company's properties include Centerplace of Greeley, River Run, Sheridan Square, Flamingo Falls, Northlake Commons, Countryside Shoppes, Creekwood Crossing, Skyview Plaza, Riverstone Plaza, Fayetteville Pavilion, Clayton Corners, Apple Blossom Corners, Hillard Rome Commons and Riverdale Shops, Hocking Valley Mall, North Lake Commons, Eastpointe Shopping Center, Flower Mound Crossing, North Augusta Plaza, among others. The REIT's investment manager is Slate Asset Management (Canada) L.P.

TSX:SGR.UN - Post by User

Slate Grocery REIT > Another BOTCHED Deal - RECEIPTS DOWN!!

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Comment by indoubtgetouton Mar 31, 2021 1:36pm

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Post# 32915257

RE:RE:Another BOTCHED Deal - RECEIPTS DOWN!!

Really!!?? Well, you need more education. The underwriting commission is 4% and the issue price is $11.65 then the underwriters can sell the overalloment at whatever price they want to whom ever they want but of course they will not want to sell at a price lower than $11.184 as they will lose money. So, the receipts are sellinig around $11.45 so the underwriters are still making money and they are selling into this - that is why the receipts are weak. Also, they can short SGF.UN and make that weak as well so they get to play around. Again, BOTCHED SECONDARY!!!

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