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

Alternate Symbol(s):  SLTTF | T.RPR.UN | T.RPR.DB.A | T.RPR.DB.B

Real Estate REIT - Diversified


TSX:RPR.DB - Post by User

Ravelin Properties REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 > Debentures
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Comment by rad10on Aug 29, 2024 6:09am
89 Views
Post# 36200707

RE:RE:RE:RE:RE:RE:Debentures

RE:RE:RE:RE:RE:RE:Debentures

riverrrow wrote: Silly me.  With hindsight at $10 the debentures were severely undervalued and I should have gambled a little bit on them.  At today's prices, well, I would sooner be a seller than a buyer.  Best wishes to all the holders.

 

The company is in default, the debentures are unsecured.  This company is at the mercy of the secured lenders, and faces the wrath of a corporate raider who is down big time.

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