TSX:TNT.UN - Post by User
Comment by
cooper90on Apr 22, 2024 10:30am
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Post# 36001262
RE:RE:Company repurchased 13700 shares on Friday.
RE:RE:Company repurchased 13700 shares on Friday. DD is a massive shareholder in this REIT which is what all shareholders are looking for when aligning with management, do they have skin in the game.
The fact that DD hasn't purchase shares recently is irrelevent and I am not sure why people keep bringing it up. If he had no skin in the game, a minor investment and with the stock so undervalued did not step up and purchase that would be troubling.
That is not the case at all...............as long as TNT continues to buy back shares at the same rate of investment as the past payout on the distribution we are getting a lot of value here period.
IMO rates are coming down in Canada and not just by .25% point, Canada is hurting and will need multiple cuts to kickstart the economy. With every rate cut at these new locked in higher rental agreements is money in the bank for TNT.