TSX:DIR.UN - Post by User
Post by
duplex5696on May 04, 2022 8:15am
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Post# 34654117
DIR.UN-Current SP vs. NAV
DIR.UN-Current SP vs. NAVDIR is currently trading at an18% discount to its NAV. The Reit has been used as a punching bag by US traders who have been shorting it after its latest issue came out at $16.30. More Reits are now raising cash by issuing different forms of commercial debt and avoiding the repercussions of discounting their market share price.This current process helps only the underwriting brokers and punishes unitholders .