TSX:MPCT.DB - Post by User
Post by
mikoola72on Jun 12, 2024 5:40pm
199 Views
Post# 36085886
Value or value trap?
Value or value trap?I'm a relatively new unit holder unfortunately at about $1.50 more then todays closing price and considering adding to my position and average down.
question: NAV is compelling..the story was compelling..is there real value here or a value trap? Will we ever see close to NAV per unit and what are the catalysts that will improve the business and investor interest. Seems like they are preserving cash by suspending the distribution and trying to wait out this part of the cycle..hope they have the time to turn this around. Wish the investor presentation was updated more frequently.
thoughtful discussion would be appreciated. GLTA.