RE:Public Markets are scamsMarkets are not scams. They are fwd looking and sometimes they lag (opportunity), and yes, this will find support at $15 (you have to leave $0.50 cents for the arbs).
DIR will likely trade close to the offer price (why would anyone pay more with 12.5M shares avaiable)?
Then it depends on Dream next move.
You have to ask yourself, why do these REITS continue to get hammered even with buybacks & dist cuts?