Post by
SNAKEYBOY on Sep 27, 2022 3:58pm
Well losing 0.20-0.40 cents a day
We'll probably be at $0 in a month or so, might go negative at this rate
Comment by
SNAKEYBOY on Sep 27, 2022 3:58pm
Imagine if they had some excess liquidity instead of blowing it all on dream office at $24...what pathetic mangement
Comment by
Reece1986b on Sep 27, 2022 4:11pm
I'm not sure why Artis was buying Dream Office at $24 and is not buying it at $16. Artis was supposed to be in the process of selling some industrial real estate however I have not been able to come across anything in the past month on how that is going. Artis has a lot of debt coming due in 2023 too...
Comment by
SNAKEYBOY on Sep 27, 2022 4:58pm
Itd be amazing if they could pull off 400 million in asset sales and have that cash to pay down debt and 200 million to buy back shares or dream office, but I would expect them to say its been postponed