TSX:SOT.DB - Post by User
Comment by
Malpeque2on Jan 04, 2023 3:29pm
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Post# 35203449
RE:RE:2023 off to a Good but Cautious Start
RE:RE:2023 off to a Good but Cautious StartWhen you see continuous dilutions year after year to purchase properties on the open market at Fair Market Value, and issuing shares at well less than NAV, and issuing debentures with conversion features at much much less than NAV, and having the optics of buyback programs in place on a NCIB for 10% of the shares, and the company buybacks are a little greater than nothing, and the trustee placeholders buy no shares in the open market but collect their salaries and freebie shares, the officers of the company buy no shares in the open market at these discounts to Nav, and the SLAM managers who hold the 10% holding as a means to "protect" their Management Fee structure,
they buy little or no shares in the Opem market year after year, and this goes on and on like this for years, you can be pretty damn sure that NOBODY in charge is actually working for the Shareholders, and your imbedded as a shareholder with a bunch of Charlatans!!
I actually would love to see this go to a vote, to see how bad the incumbents LOSE by!!