Ravelin Properties REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.RPR.DB

RE:RE:RE:RE:RE:Bonds are covered at 100% and common value 1.25$ per unit

[Tree2tree]

Bond, I think you are correct that the entire portfolio has been revalued.  But this is a continuous process when the market is shifting.  In the event of a sale under pressure, the bids might still come in below the revised book value.  But many of us suspect that the market will start to improve from here, in part due to falling interest rates.  So each day that SOT remains alive without a forced crisis improves the odds that it will come through with some positive equity for the shareholders.