Post by
SNAKEYBOY on Aug 16, 2023 11:15am
My theory
Manji/Sandpiper have a buyer lined up...(if not themselves), for an agreed upon price range, lets say $12 that he and joyce would accept. Now this buyer is going to steal as much public float leading into the transaction as humanly possible. That makes the buyout of all shareholders more firm/higher, because they mopped up 20% at $7-8 dollars
Comment by
SNAKEYBOY on Aug 16, 2023 11:44am
This theory is contigent on a very tight trading range (despite market moves) to continue in the next few weeks especially by anonymous.....once artis goes back to trading like a normal reit with 1-2% swings then the theory is debunked
Comment by
EstevanOutsider on Aug 16, 2023 1:12pm
that TD buyer likely has been buying since July. In the millions now whoever it is. Often trading on the Chi-X (dark pool) exchange so looks institutional calibre. Definetely foretelling given thin liquidity and tightness of Artis float.