TSX:INO.UN - Post by User
Comment by
rabnudon Apr 18, 2022 5:03pm
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Post# 34611375
RE:This REIT IPO'D in May 2013 at $10.00
RE:This REIT IPO'D in May 2013 at $10.00yes thats true but the war has not helped and covid was a big factor looking at it long term after 9 years u got 90% of your money back and still own the shares so not terrible
apollojetic wrote: Thankfully distributions have helped investors over that 9 year time period but management have not impressed the reit market and the share price continues to lag.
Still not expecting much as the yield is still way too high. High yield = more risk. Less institutional ownership.
A few recent purchases but the market is yawning. Higher interest rates, inflation and war hasn't helped sentiment but 9 years later and we are still under the $10.00 IPO price.