TSX:SOT.DB - Post by User
Comment by
Malpeque2on Oct 21, 2022 11:28am
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Post# 35038983
RE:Slate said Armoyne wanted to buy Atlantic properties
RE:Slate said Armoyne wanted to buy Atlantic propertiesMaybe just to Kick the tires on the properties and do some DD in his Hood?
Perhaps he thinks he can trade undervalued shares of SOT to the company in exchange for getting a
property(s) at 70 to 80% of FMV or IFRS Nav. Maybe one or two in Halifax that he has had his eye on for a long time. He can us the shares and the threat of the Proxy to extract from the BOD whatever he wants. .......at a discount of course! We all know they just want the BOD fees and the freebie shares, and the Welches want the SLAM managment fees.