TSX:ERE.UN - Post by User
Post by
Meesha1on Nov 16, 2023 11:52am
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Post# 35739308
Fantastic setup post tax loss selling
Fantastic setup post tax loss sellingCurrently a well covered 7.6% distribution while we wait for shareholder value to be un-locked. There is likely a $3 bid from private equity as a backstop, but i suspect Cap REIT takes it out at a better level.
A great risk reward in order to play the lower rates and lower USD theme. The USD dollar index has begun to roll over. EUR/CAD has appreciated 3.5% in the last month alone.