TSX:AX.PR.E - Post by User
Post by
SNAKEYBOYon Aug 30, 2023 5:36pm
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Post# 35612809
Come on people
Come on peopleI make a deal to not post pending material info.... seconds later news comes in about 3 offices sold for 100sq foot, and not ONE "intelligent" investor here asks the obvious question "why the firesale price?" I was expecting some intelligent discussion but crickets here.
Evanstanoutsider previously said artis sold at firesale office price of 279sq foot can come out with $10...
Not a good indication of NAV if these offices going for dirt cheap. Of course unless it's bait and switch and they'll come out with much higher price...
However my SPECULATIVE bone tells me they are going to get rid of some dogs asap and raise cash. GET A SIB DONE then have a crisper portfolio to sell to someone
How does these sakes fit into strategic review outcome..