Dri Healthcare Trust T.DHT.UN

Alternate Symbol(s): DHTRF

Healthcare Biotechnology

DRI Healthcare Trust is an open-ended trust that provides unitholders with differentiated exposure to the anticipated growth in the global pharmaceuticals and biotechnology markets. Its business model is focused on managing and growing a diversified portfolio of pharmaceutical royalties to deliver attractive growth in cash royalty receipts over the long term. Geographically, it has a presence in the United States; European Union; Japan, and Rest of the world.

TSX:DHT.UN - Post by User

Dri Healthcare Trust > NCIB tapped out...

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Comment by junglejameson Sep 10, 2024 9:25am

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Post# 36216376

RE:RE:RE:RE:RE:NCIB tapped out...

SOF:

A number of factors are influencing the current share price :

a) the performance risk has increased - the new senior management is largely untested
b) dropping interest rates is now causing rotation into "secure" dividend stocks
c) managements NCIB is out of ammo (likely until November when it can be renewed)

This is a great opportunity for those that swim against the tide and are prepared to wait for their investment to pay-off.

I also think that equity markets are generally less "rational" owing to many new entrants post Covid and the ease of executing a transaction almost anywhere at anytime with low to nil transaction costs that has been influenced by automated price change notifications and other "information". Patience and "sober second thought" are in short supply everywhere. But then I'm old and that is likely my bias.

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