TSX:NWH.DB.G - Post by User
Comment by
claritason Mar 15, 2024 11:27am
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Post# 35934946
RE:RE:RE:SERIOUS QUESTION
RE:RE:RE:SERIOUS QUESTIONI agree. The necessary steps they have taken will ensure that the Company weathers the interest/capital availabiity 'storm' until conditions improve. An acquirer could have taken the same steps, so I guess the price was not right.
This is not a day-trade stock. It is for patient investors who recognize that the operations are running well. The write-down was forced due to the increase in the cap rate. It is very possible that part or all of this could be reversed down the road.