TSX:AX.PR.E - Post by User
Post by
garyreinson Oct 17, 2023 2:43pm
162 Views
Post# 35687636
Worth repeating
Worth repeatingWe are disappointed with the 2022 return metrics and the fact that our units continue to trade at a significant discount to NAV. It is widely known that diversified REITs are out of favour; yet, our operating metrics demonstrate that our diversification strategy has proven its value during one of the most difficult times the sector has seen in years. We remain committed to narrowing the discount between our trading price and NAV per unit and will consider all means and tools available to achieve this. We are also mindful of the two-to-three-year timeline we presented to unitholders in March 2021 for implementation of our Business Transformation Plan. If, over the course of 2023, our units continue to trade at a significant discount, market permitting, we will consider other options available to achieve and fulfill our commitment to Artis’s unitholders.
https://www.artisreit.com/investor-link/letter-to-unitholders/
To the kind gentleman here hoping Mr. Manji would state the course and just do what is enough to squeeze through, he said what he was going to do back in March. The only question is- will he be successful!!?!?!?......
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GLTA
-Gary Reins (not snakeyboy)