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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 Tree2treeon Dec 20, 2024 12:28pm
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Post# 36372401

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

RE:RE:RE:RE:RE:Debentures...
The float of 80 million is irrelevant - what matters is the market cap of those shares, vs your prediction of their fair value after restructuring.
 
Which monthly dividends are you referring to?  There are not likely to be any dividends on the common shares for the foreseeable future, as the priority will be reducing debt.
 
I agree with your last statement, I can't see GA waving the white flag at this point.  He is not broke and he is in a position to profit immensely from SOT's recovery.
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