TSX:AX.PR.E - Post by User
Comment by
jmkOttawaon Jun 17, 2023 7:05am
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Post# 35501545
RE:Insider purchases
RE:Insider purchasesI think it is entirely possible that margin was extended to make some of those purchases and that the falling stock price may have limited margin available to keep buying- even if the price was more attractive than ever. Same for us retail investors. Nobody has unlimited resources.
Personally I would prefer that Artis is not bought out. The long term value is fantastic and selling for a premium to this crazy low price is less interesting than allowing interest rates to normalize and property values to recover. I believe the office market will eventually recover as well. We are social animals and I believe are more productive working in the company of our colleagues.