TSX:AX.PR.E - Post by User
Comment by
SNAKEYBOYon Sep 01, 2023 3:09pm
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Post# 35616601
RE:RE:The second the NCIB expires
RE:RE:The second the NCIB expires
If you put 200m to fund a SIB at 50% off NAV, you add back 100m in value to the REIT. Thats how Manji gets the NAV back up overnight. I dont view a SIB as returning money to shareholders, I see it stealing value from those willing to part with their shares at cheap