TSX:HOT.DB.V - Post by User
Post by
flamingogoldon Sep 13, 2023 10:35am
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Post# 35633659
Activist investors
Activist investorsCould an activist step in here at these firesale prices, take a 10% stake to get a seat on the board?
Have been in a few stocks where activist investors have stepped in when the share price was unjustly crushed and management was slow to act. SRV.UN has been a big winner for me after a power struggle ensued, now resolved and everyone happy.
Just recently Sime Armoyan of Armco Capital stepped into MRT.UN, another stock I own, to challenge Rai Sahi who has been slowly gobbling up shares while unjustly keeping the distribution low.