Dri Healthcare Trust T.DHT.UN

Alternate Symbol(s): DHTRF

Healthcare Biotechnology

DRI Healthcare Trust is an open-ended trust that provides unitholders with differentiated exposure to the anticipated growth in the global pharmaceuticals and biotechnology markets. Its business model is focused on managing and growing a diversified portfolio of pharmaceutical royalties to deliver attractive growth in cash royalty receipts over the long term. Geographically, it has a presence in the United States; European Union; Japan, and Rest of the world.

TSX:DHT.UN - Post by User

Dri Healthcare Trust > Buyers and Sellers

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Comment by SONOFFERGUSon Jul 19, 2024 10:50pm

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Post# 36140946

RE:RE:RE:Buyers and Sellers

Hi BlueJay2020.

I assume you are a fellow Canuck. I use a portion of my TFSA space for investments that I think have the potential for quick gains with limited downside. They don't come around often ofc -- no deduction for losses and capital replenishment restricted. I have to be as sure as I can be!

This is one I put in. DHT's assets are intact and worth way more than $12.30. Management has massive incentive to boost the share price ahead of Q2 call August 7th, and has the means to move the price through the NCIB (which WILL move the price up unless sellers really push, which I don't think is likely given inherent value), especially given that volume has petered out. IMHO, the shorts overplayed their hands and will be looking to reverse over the next two weeks.

If I'm wrong, at least DHT is in the right spot to minimize taxes because the distributions are received as income. Sooner or later (but hopefully sooner) it should work out.

Good luck to all of us!

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