Another solid qtr resultAgain, a very good QTR. But price is still at a cheap 80 cents.
Net income would have been much higher without the almost 2M investment property revaluation drop.
They sold inventory properties and they reduced significantly the mortgages, which will result in saving on interest to be paid.
Investors do not seem attracted by this stock. Do you think the dilutive DRIP program is the reason for that?
It cannot go down forever, and most of all, price will eventually catch up if cie still keeps releasing good QTRS like that.