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


Primary Symbol: T.RPR.DB Alternate Symbol(s):  SLTTF | T.RPR.UN | 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 > Now that Armoyan has control I will evaluate his performance
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Comment by Tree2treeon Dec 04, 2024 1:16pm
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Post# 36345523

RE:RE:RE:RE:RE:RE:Now that Armoyan has control I will evaluate his performance

RE:RE:RE:RE:RE:RE:Now that Armoyan has control I will evaluate his performance
"The stock price is to low to issue common units."  I disagree.  If GA and associates are the ones subscribing for shares, then the lower the better for them.  But the exact price doesn't matter much, if they end up owning a large majority of the new shares, which will happen if the share issue is for $100 million or more.  So they can propose to issue shares a little above the current market price, and it will be hard for common shareholders to complain that it's a bad deal.

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