Bullboard - Stock Discussion Forum Inovalis Real Estate Investment Trust T.INO.UN

Alternate Symbol(s): IVREF

Real Estate REIT - Office

Inovalis Real Estate Investment Trust is a Canada-based open-ended real estate investment trust (REIT). The Company is formed for the purpose of acquiring and owning office properties primarily situated in France, Germany, and Spain. The REIT properties are strategically situated in urban areas, generally in close proximity to public transportation. Its France properties include Gaia, Arcueil... see more

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Inovalis Real Estate Investment Trust > Desjardins wants to dump 128 000 shares

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Post by SIGG1 on Dec 19, 2024 10:28am

Desjardins wants to dump 128 000 shares

I guess they want to take the tax loss and they don't want to pay the income taxes on the $0.22/share. That would be lots of taxes to pay for no gains at all.

I wonder if they will have to change their sell order currently set at $0.92 to a market sell which could send the stock price into the abyss :(