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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 SNAKEYBOYon Apr 04, 2023 6:09pm
238 Views
Post# 35379808

3.5% yield?

3.5% yield?This a joke? I dont know how Aromayne approved this, he is going to lose 50% on his investment and get a tiny distribution?

If I didnt know any better this is the simplest unmanipulated tactic designed to tank unit price, now if they drive it to low $2's they can attempt a take out bid for $3.xx.   Not even other initiatives to compliment this like a opportunistic NCIB? 

Anyone who got in over $4 is screwed....lucky if in 5 years it gets back there and DRIP gives you almost nothing

SOT holders will likely be down 50% since  march....I fully expect a $2-$2.90 trading range
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