TSX:AX.PR.E - Post by User
Comment by
Frankie10on Dec 20, 2022 9:06am
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Post# 35181723
RE:EVEN CLOSER TO A BOTTOM
RE:EVEN CLOSER TO A BOTTOM the problem isn't artis. You're fighting violent macro headwinds. We are still in a liquidity cycle. "First they sell what they want to sell, then they sell what they don't want to sell" - hence the single asset trade almost all year (all asset correlations moving to 1). Just my thoughts to help you consider how overlevered you want to be headed into Q1... all the best.
SNAKEYBOY wrote: I'd like to see the bids coming aroundd $8.50 at a juicy 7% yield, you can bet Sandpiper and insiders are emptying their pockets along with the NCIB. Im reluctant to overleverage but we're talking about a 5x FFO at that price.