TSX:AX.PR.E - Post by User
Post by
Northforce13on Sep 11, 2024 4:29pm
136 Views
Post# 36219229
Artis -> Morguard
Artis -> MorguardSold Artis yesterday, moved the bulk of those funds into MRC today @114.52 (x3000)
MRC is not much followed by the analyst community, perhaps due to high insider ownership and non dividend policy.
MRC has moved only marginally during the recent REIT rally, presumably due to prior statement, and thereby is a "trend lagger" which I find interesting.
George Armoyan has accumulated a substantial position, and quietly joined the board recently. Those who know of him would likely consider that a nice positive.
There is little to no discussion on the MRC boards, so sadly there is not a lot of opinion sharing on the stock.
GLTA