TSX:AX.PR.E - Post by User
Comment by
Reece1986bon Jun 09, 2023 3:28pm
122 Views
Post# 35489081
RE:RE:RE:LISTENED TO ANNUAL MEETING Q & A
RE:RE:RE:LISTENED TO ANNUAL MEETING Q & AYes. Joyce and Sandpiper already own a good portion of Artis amongst themselves. Artis could do a couple SIBs eventually so that it would be more affordable for Joyce, Sandpiper, and maybe a partner like Groupe Mach. That is basically what many people are hoping eventually happens with Dream Office and I see no reason it can't be done with Artis as well.
SNAKEYBOY wrote: A feasible option I see is for Artis to liquidate a lot of investments/properties and do a SIB as you mentioned, then follow it up with a buyout by Sandpiper and/or a 3rd party investor for the remaining float for $11-12.