TSX:INO.UN - Post by User
Comment by
YieldChaseron Aug 23, 2022 2:24pm
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Post# 34914897
RE:ending in the green
RE:ending in the green
Indeed .. plus NAV per share is easily $8 or some reports (like CFRA) say $10 per share !
Historically they traded at around 80% of NAV so if NAV is $8 it should be at least $6.40 .. and if you use $9/share as NAV from their latest 2Q 2022 financials it out to be over $7 and if you use $10 it ought to be $8, which is 60% above the current depressed price of around $5.
==> Certainly a buy buy BUY at this low price.
I'd expect a normal course issuer bid by them shortly - or they take it private, or it'll be bought out by another REIT, maybe Slate as they do office, or Brookfield.
We shall see.
ACCUMULATE or DOUBLE DOWN !
I DID !