Post by
thenewsnake on Nov 20, 2023 10:33pm
Whats taking so long?
If something *significant is not in the works for this review with 4months + 200k plus spent, then what exactly are they doing?
A well-established plan is selling more assets, SIBing the commons or preferreds, taking out fixed rate mortgages on unencumbered properties......coming up with this "plan" and executing should have been done by now. There's nothing inherently complex about it or need for secrecy.
Attemping to sell or privatize the reit then maybe....
unless manji is purposely just buying himself time to the ncib renews and doesnt want to get margin-called in the $5's
Comment by
EstevanOutsider on Nov 20, 2023 10:52pm
ERE.un spent $1.2 million euro in Q3 on their strategic review and we're still waiting.
Comment by
InvestSmarter on Nov 21, 2023 12:17am
At least ERR had a $3 offer
Comment by
jmkOttawa on Nov 21, 2023 6:22pm
DZ, I thought I was the only one who couldn't take it anymore ;). If we are lucky we will hear something in H2 2024. It is not the easiest market to transact in.
Comment by
jmkOttawa on Nov 21, 2023 8:28pm
Seriously! Soon to be four? ;)