TSX:PMZ.UN - Post by User
Comment by
Frankie10on Jun 14, 2022 11:00am
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Post# 34755047
RE:I REALLY HOPE MANAGEMENT GETS CREATIVE
RE:I REALLY HOPE MANAGEMENT GETS CREATIVEThen the market dumps on you and you look silly. The only deal here is for this to go private - HOOPP buys back everything at a discount after selling it at FMV (lol) and gets management to manage the assets for them. Similar to what Brookfield did (genius).
SNAKEYBOY wrote:
I've never seen a REIT that had debt of 28% (most are 40-55%) and a unit price that is 40% off. It makes sense to me to just borrow 400 million to a 45% debt (which is still very good), and retire about 1/3rd of the float in one shot (10% premium to trading price)