TSX:AX.PR.E - Post by User
Post by
Frankie10on Aug 08, 2024 11:20am
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Post# 36169516
What if !?
What if !?Imagine Samir came out and announced a complete pivot to Bitcoin? We would go from trading at 0.3x NAV to 2x NAV real quick... Artis could commit to liquidating its entire portfolio in an orderly manner with a commitment to acquire as much Bitcoin with the net proceeds, and aim to increase BTC per share/unit in perpituity. Artis would then shed its REIT status, and start issuing equity rather than buying it back... just a thought that will never materialize... But a worthwhile thought experiment nonetheless to understand how differently the market is currently viewing real estate assets versus Bitcoin. What a fascinating time to be a risk manager.
Anyways - back to reality - earnings tonight. I am planning an open discussion on Twitter to discuss Artis tonight and would love the opinions of stakeholders here in terms of what they are focused on tonight - is it AFFO, debt metrics, dispositions, occupancy, or something else?