GREY:CMLEF - Post by User
Comment by
JayBankson Oct 25, 2021 10:43am
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Post# 34044660
RE:Bought out For $11.75
RE:Bought out For $11.75Wow, I'm glad I abandon this a couple months ago, I would have gained maybe 5% total return on the price of when I sold at like $11.25...
Instead I took my capital and jumped into Freehold Royalties and have gained over 25% total return in the 2 months...
When I seen the price jump on an old watchlist I thought they finally announced a dividend increase, didn't expect a buy out that seems only almost 70% of NAV. And they are painting it like this is a good thing for shareholders. It might be actually be a good thing, everyone gets out now to find something better managed...