Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures T.MRT.DB.A

Who can't see the Buybacks?

[Malpeque2]

Of course they are buying back.    MRC is buying the MRT shares with the DRIP.     October 15 and November 15  or so they bought about $1.5M  Canadian each date.

MRT is from time to time also buying shares for the company account.   

It appears all shares are being repurchased in the open market.  

www.sedi.ca       www.ceo.ca        www.canadianinsider.ca

IMO people who are not happy with the SP should either just by the parent Co.   MRC and know that you are increasing your ownership at the current discount of MRT,  or just sell.     MRT is a majority controlled Company of MRC.    That's a fact.    And their has been,  is,  and will be a majority control discount in MRT shares until one day there isn't.    My guess would be the day the parent swallows the MRT daughter company remaining shares in one last swoop.

[canadian]

At what price per share, would MRC swallow MRT? would it be closer to NAV or current share price?

[incomedreamer11]

Why MRC should spend money,when they  need for yourself and has full control of MRT.UN ?

[canadian]

Since MRC holds majority of MRT shares, what if they offer 6$/share instead of closer to NAV? Isn't this bad for the minority shareholders?Is it legal?