TSX:NWH.DB.G - Post by User
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SNAKEYBOYon Sep 20, 2023 9:30pm
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Post# 35646512
ARTIS AND NWH "STRATEGIC REVIEW" CANDIDATES
ARTIS AND NWH "STRATEGIC REVIEW" CANDIDATESWhats crazy about this situation, is that a failed strategic review the unit price will collapse 20% in a couple days. Dont believe me. Watch.
However, the alternative is a ~35-40% premium buyout to trading price.
Definitely the biggest speculative trades in the REIT sector in ages.
Cominar was $8ish and got $11.75 buyout. Thats what a buyer needs to pay to mop up the entire float, which is still likely a average weighted cap rate around 7%.