Bullboard - Stock Discussion Forum Dri Healthcare Trust T.DHT.UN

Alternate Symbol(s): DHTRF

Healthcare Biotechnology

DRI Healthcare Trust is an open-ended trust that provides unitholders with differentiated exposure to the anticipated growth in the global pharmaceuticals and biotechnology markets. Its business model is focused on managing and growing a diversified portfolio of pharmaceutical royalties to deliver attractive growth in cash royalty receipts over the long term. Geographically, it has a presence... see more

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TSX:DHT.UN - Post Discussion

Dri Healthcare Trust > Halted for what?

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Post by Marley66 on Jul 07, 2023 1:02pm

Halted for what?

Hopefully they will annonce a new royalty acquisition that is very accretive to current unitholder.
unfortunatly, it smell a secondary issue....or let's hope it's both of it

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Comment by HermannHaller on Jul 07, 2023 1:50pm

Great news, too bad no one is around on a Friday afternoon in July to see it. After the previous royalty deal, RBC analyst estimated they had $200-250 million in liquidity available. This deal is $66 million, so still plenty of fuel in the tank.

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