TSX:NXR.UN - Post by User
Nexus Industrial REIT
> Poster BUBBA was right,,,,,,,,,,,,,,,,,,,
Post by
Red_Deeron Nov 30, 2021 4:22am
317 Views
Post# 34178808
Poster BUBBA was right,,,,,,,,,,,,,,,,,,,
Poster BUBBA was right,,,,,,,,,,,,,,,,,,,In a Post which now seems to have been removed__Poster BUBBA pointed out how this Board has been completely taken over and ruined the past few weeks.
Below is the VERY LAST REAL POST made on this Board__the very last one that ACTUALLY made some comments/observations relevant to NEXUS.
BUT this Post has been BURIED by the following 2 FULL Pages of Posts__@ 20 per page that is 40 Posts__of nothing but some VIDEOS and endless Repeated Back and Forth ""He Wrote_She Wrote"" Posts__Exactly as Poster BUBBA made comment on.
Sure would be nice to have a return back to the WAY IT WAS eh !!!!!!!
An interesting Seeking Alpha article about DIR.un ...
.... particularly the part about issuing secondary offerings above NAV as per the following excerpt:
- "Dream continues to issue stock above NAV, which essentially is a non-dilutive way to fund expansion, as the stock issues actually increase the NAV."
https://seekingalpha.com/article/4471336-dream-industrial-stock-a-4-2-percent-yield-from-a-growing-warehouse-reit?mail_subject=dreuf-dream-industrial-reit-a-4-2-yield-from-a-growing-warehouse-reit&utm_campaign=rta-stock-article&utm_content=link-2&utm_medium=email&utm_source=seeking_alpha
Since BMO provides the following statistics in their NXR.un update, we can assume that the secondary offerings have the same characteristics as the DIR.un offerings (i.e., non-dilutive and incremental to NAV):
NAV $11.50
Prem/(Disc) to NAV 9.9%