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Bullboard - Stock Discussion Forum Dream Office Real Estate Investment Trust T.D.UN

Alternate Symbol(s):  DRETF

Dream Office Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust. The Trust owns central business district office properties in various urban centers across Canada, with a focus on downtown Toronto. The Trust owns and manages 3.5 million square feet of office land in downtown Toronto. Its objectives include managing its business and assets to provide both... see more

TSX:D.UN - Post Discussion

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Post by SNAKEYBOY on May 04, 2023 7:52pm

WHAT IF..

Only 4 million out of 12.5 million wanna sell. Can sp trade higher than 15.5 before the official buyout ?
Comment by CANCDN on May 04, 2023 7:59pm
Of course... it trades as usual with a 15.50 backstop.  I think it trades up to 18-19 becaue forward FFO is now .49c a unit as well as shorts are going to try to cover. 
Comment by SNAKEYBOY on May 04, 2023 8:05pm
Can you show the calculation to get 0.49. I calculated much higher but not that high. 
Comment by CANCDN on May 04, 2023 8:50pm
51 million shares minus 12.5 shares equals 38.5 shares remaining. 18,875.000 FFO this Q. Assume it doesn't change (it will). 18,875,000 / 38,500,000 units equals 0.49c per share once SiB  abd this equals short destruction