Post by
extremerisk on Mar 04, 2017 5:05pm
eaton centre lease worth more than whole company
400000 sq ft at $1 a sq foot for another 50 years that sears is using for office space is worth more than the 175 million market cap of company. Has drifted down as expected. Plan to start buying this week. Tricky as spread between bid and ask is wide and volumes low. Not sure who the sellers are at these extremely low valuation.