TSX:AX.PR.E - Post by User
Post by
SNAKEYBOYon Aug 17, 2023 5:49pm
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Post# 35593854
1 billion in asset sales
1 billion in asset salesAssuming they can raise 1 billion in cash in calendar year of 2024, selling whatever is needed including trophy assets, that should be able to eliminate a huge chunk of high debt, and then use 400m for 45m common units at around $9.50 or determine SIB amount and price based on market conditions. I see this as a realistic option they'll come up with. Ultimately the reit will be privatized after this or the reit market recovers leading to further upside and 12+