BUY D.UN TODAY!DAM- "As of May 8th, we hold a 40% interest in Dream Office REIT"- 20 million/ 50 million shares
Artis/Sandpiper own about 6.5 million shares.
37.5 million shares post SIB - 26.5 = 11 million shares for trading.
Thats not going to be very liquid and with a NCIB running you will probably get a major short squeeze at some point especially if REITS take off again. Like a squeeze that can take D.UN to $30 in 6 months.
Alteratively Artis and DAM team up and scoop up those 11 million shares for $18-20 and privatize it.
So many options post SIB that its hard to see a D.UN underperforming and flopping back down given the takeout nature it is setting up for.