TSX:HOM.UN - Post by User
Post by
DanielDardenon Mar 24, 2024 1:15pm
161 Views
Post# 35949611
Mandatory Ownership
Mandatory OwnershipIt is not unusual for a Trustee to divest of units when leaving a Board. Many CO’s have mandatory ownership levels to sit on it’s Board and Mr. Labatte likely is doing some diversifying now that he is no longer on the Board.
The value of of the assets has not changed by his selling and this probably provides an excellent opportunity to add to a position while some overreact.