TSX:MRT.DB.A - Post by User
Comment by
flamingogoldon Oct 26, 2021 2:42pm
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Post# 34051504
RE:RE:Cominar takeover is a good lesson for MRT shareholders
RE:RE:Cominar takeover is a good lesson for MRT shareholders$9 or $12... let's split the difference at $10.50. We're trading for dirt at $5.70 and change so any one of those figures is a huge win from where we sit. Plus, we get paid to wait.
Mrguillaume wrote: The offer price for Cominar is a shocker – a low ball and likely to be rejected IMO. The largest shareholder with a 10% holding is not affiliated with the buying group and I suspect will want more. At $11.75 per unit this is asking for a 20% discount to NAV of $14.50.
But assuming the deal goes through this would give MRT a FMV of about $12.60 per unit – (80% of $15.80 NAV at June 30, 2021).