TSX:NXR.UN - Post by User
Post by
DanielDardenon Aug 21, 2023 10:29pm
476 Views
Post# 35599171
A Huge Disconnect
A Huge DisconnectWhen NXR is issuing $51 M worth of units @$11.69 to a knowledgeable investor to acquire his/her interest in property while the units are trading < $8. Somebody is dead wrong! The investor must see extreme value here to justify the action while the market is seeing extreme risk here to justify the selling.
We might be at a stage when most are not interested in the future but only in today. Present day bias can be a powerful force!