TSX:SOT.DB - Post by User
Post by
toddkazon Oct 24, 2024 12:38pm
247 Views
Post# 36280488
Slate Office and GA Options
Slate Office and GA OptionsSlate Office and specifically George Armoyan have a few options if people are willing to discuss
1. Bankruptcy - I don't see this as an option for GA but it is for Slate Office. George Armoyan would lose millions
2. Dilution - I also don't see this as an option as GA would lose millions
3. Taking Private - I see this as a viable option as its one of the only ways GA can save his investment
4. Profitability - This one completely depends on getting tenants into empty buildings or selling empty buildings which isn't easy.
For me I think 1 and 2 are off the table for GA but is always a possibility if it means keeping Slate Office from bankruptcy.
I can't see GA wanting to lose his investment so his options are very limited. What are people's thoughts?