TSX:INO.UN - Post by User
Comment by
flamingogoldon Jan 13, 2025 5:27pm
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Post# 36402179
RE:RE:Bankruptcy?
RE:RE:Bankruptcy?It's always possible for an activist investor to step in too. When the share values are so out of whack relative to the NAV and a buyout is tabled too low, an activsit could counter with a more realistic, higher offer. I went through this with SRV. The owner attempted to under-bid during covid when the shares were heavily depressed. An activist stepped in to thwart an attempted "take-under". I think there are several REITs right now where this could occur.
Raider877 wrote: The new president down in the states has scared a lot of investors in Canada (even though our assets are in Europe).
Inovalis S.A. has been buying shares and they have a better idea as to how things are in terms of whether a bankruptcy is coming or not.
The lower this trades, the lower their buyout offer is going to be.