TSX:BTB.DB.H - Post by User
Post by
dileas48son Sep 30, 2021 10:25am
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Post# 33943172
Share Price Recovery is stalled
Share Price Recovery is stalledI'm curious what others think here.
I bought in with an overall average of $4.15 so I'n not lining up to sell any time soon, but part of my investment thesis was the idea that over time this would slowly crawl back up to something close to Pre-Covid. My original plan was to consider selling some or all of my position around the $5 mark.
It would seem that the market is assuming that BTB is not going to achieve sufficient occupancy or rent collection to justify a rise in share price (for now anyway). Given how much of the space is office space that is perhaps a legitimate concern - or is it?
What do you all think?
I sure like the dividend, but it is ROC, so there are pros and cons to that (and a little over half my position is in my non-registered account).