Post by
Martincat on Jan 11, 2024 9:25am
Insiders Holdings
I like MR.un as it over 50% owned by Melcor Development that is doing well in these uncertain times. And Melcor Development (MRD/TSX) is widely held by the Melton Group......Happy to collect monthly dividends of the reit until interest rates begin trending down in 2024. JMHO!
Comment by
spacegimp on Feb 23, 2024 7:56pm
Glad I don't pay much attention to insider holdings . Learned my lesson on that one with lightstream oil and gas , the owner kept adding millions of shares down to penny status. That being said this is a different scenario as these guys are nowhere near insolvent , not sure why they didn't just do a 50% cut . Perhaps the incentive costs are still rising trying to secure tenants