ThoughtsIf it weren't for DAMs unprecedented exit tender the oversubscripition is irrelevant to the end result. We wanted 37.5 million shares with improved NAV and payout ratio.
Optmistically if we see them buying back in and the NCIB firing I still believe this should be around $14 and higher when REITS get going again.
Right now itsa post SIB trading issue and suspicious behaviour by the insider teams. Hopefully it settles down sooon