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Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.DB

Alternate Symbol(s):  SLTTF | T.SOT.UN | T.SOT.DB.A | T.SOT.DB.B

Slate Office REIT (the REIT) is a Canada-based global owner and operator of workplace real estate. The REIT is an unincorporated, open-ended real estate investment trust. The REIT owns interests in and operates a portfolio of real estate assets in North America and Europe. The REIT's portfolio is primarily comprised of government and credit tenants. The REIT's portfolio consists of approximately 54 commercial properties located in Canada, the United States and Ireland. The REIT's Canada operations include Atlantic, Ontario and Western. The REIT is externally managed and operated by Slate Management ULC.


TSX:SOT.DB - Post by User

Post by Detailoriented1on Oct 24, 2022 8:19am
242 Views
Post# 35043090

In Play Now

In Play Now
Whatever you think of the individual transactions along the way and the competence of management, the reality is that this stock is now in play thanks to Armoyan. As the dialogue plays out both behind the scenes and in public letters and responses, we get visibility with the larger public and we also get closer to the regular vote or a special meeting caused by Armoyan. If this causes buying, we also start to squeeze the 6 million shares that are short. Time will tell how this plays out but the fight has started as expected and the end result is most likely a closing of the valuation gap. These things take time but the process has started. GLTA
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