TSX:AX.PR.E - Post by User
Post by
garyreinson Jan 05, 2024 6:36pm
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Post# 35813320
LIQUIDITY HOARD
LIQUIDITY HOARDGood call InvestSmarter. Manjis mandate has now changed. Though NCIB is accretitive to AFFO and NAV, he must now use the liquditiy to "close the gap" which can be synonymous with providing a liquidity event for investors, most likely via a SIB. A SIB would raise more questions than answers however without knowing if its going to be so the big players can use it to pull some $ out