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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 pennylane101on Dec 20, 2024 10:08am
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Post# 36372055

RE:RE:RE:RE:Debentures...

RE:RE:RE:RE:Debentures...I think the reason why the units are so attractive to investors and I've been tempted to jump in but my risk averse nature has gotten the better of me, is because the float is around 80 million, the management agreement with Slam is over, and the monthly dividends will be on the high end.  All this provided of course, the company survives.  Although it doesn't make sense for Armoyan as Chairman and his buds to control the board and then file for CCAA or worse, bankruptcy. Anything is possible.
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