TSX:MRT.DB.A - Post by User
Comment by
Shirtlessnomoreon Apr 14, 2021 9:52am
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Post# 32991933
RE:RE:RE:RE:RE:Short interest as of March
RE:RE:RE:RE:RE:Short interest as of MarchI think it's a matter of just not being too popular especially right now with the dividend cut etc. Imo this is just a gift and the last of its breed this discounted, supposing we at some point get to the other side of this nonsense with respect to the government stepping way beyond anyone's comfort level slot of money will re enter the market and these giant discounts will disappear. Jmo but apparently about 50% of investors cash is currently sidelined. This is just a great opportunity I think. Cheers
slst wrote: If the parent company decides to buy the shares it does not have in a takeover bid, like Brookfield Asset Managment did for its REIT subsidiary, the Shorts will be SLAUGHTERED.
Holders of the Convertibles would not short because, their Debetures are convertible at $20 per share. Their debt being refinanced or renewed at approximately 3% versues 4% being paid.
Not sure why this REIT is still trading at such a deep discount when the other Retail Canadian Reits are 60-80% back from their lows last year.