TSX:RPR.DB - Post by User
Comment by
Sunsurfer12on Aug 17, 2024 4:01pm
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Post# 36184390
RE:More people reading
RE:More people readingSold out of Slate years ago due to lack of confidence in Welch brothers who seemed only interested in what they can take out of SOT.
I think this will eventually go private as it has no business and no upside to being public with Welch's hanging around...i.e. no access to new capital.
Equity holders will suffer for another couple of years as non core properties are disposed and debt comes down. I like the risk reward in debentures as I think they will be made whole eventually.and interest keeps accruing. Once core is defined and banks feel better the core will be refinanced as part of a go private/buyout deal.