NorthWest Healthcare Properties Real Estate Invest 10 Convert Sub Debentures 31 March 2025 T.NWH.DB.G

At the time PDL had his transaction in mind

[garyreins]

NWH was around $7, so the buyers would have likely needed to think of a $9.50 unit price to buy it out.

NWH would have cratered to $6 with the REIT sector, so $9 still looked like the offer.

The dividend cut and weak AFFO 2024 projections is what gave it the additional $1.5 dive.  Thats why it was so dumb of this committtee to purposely sink the price while THEY knew their is going to be offers for the reit

[Panic54321]

I don't trust PDL. I definitely don't have a lot of faith in the committee, and I don't think anyone's in a hurry to let us know about the offers.   They're only intention is to buy this company out at the best possible price for themselves. ( not shareholders ) But I believe we will have to wait for the third-quarter results, and that should come with other

[garyreins]

Agreed. lets hope theirs other big owners of NWH like TMR that can initiate orgainzed resistance against a hostile bid

[Panic54321]

Yeah, it kind of seems to me like a lot of them are all in on it together.  Either way you look at it. The stock price is extremely cheap now. They are in absolutely no hurry to stop the stock price from dropping because it only helps their cause. ( it is beyond ridiculous. How much it has dropped in the last month. ) market manipulation.( along with tax loss selling )  it

[Panic54321]

PDL has also filed to potentially buy another 10% of the shares between now and August 2024.   ( SEDI ) He's a real piece of work...

[InvestSmarter]

Not another 10%, up to 10.50%. So up to another 0.49% approximately.   They would need to issue another Early Warning if they exceed 10.5%.    up to a maximum of 10.5%, until August 2024, of the issued and outstanding Units.    

[Panic54321]

OK, maybe I have this wrong he currently owns or his company 10% of the outstanding shares of Northwest health properties reit. ( I believe this is correct.)  what I am saying, does he not have an bud out to potentially buy 10% currently not including the 10% he already owns.? i'm just saying 10% not another 10% but he already owns 10%.   I am saying 10% additional shares, but he

[Panic54321]

Yes this is correct just read SEDI again. PDL or company ( NWVP ) currently owns 10% of NWH.un has potential to buy an additional 10.5% of the outstanding shares from now till August 2024. could bring his ownership to 20%    I may have said it's super confusing.( sorry )   

[garyreins]

He seems reluctant to buy more cause he would be loading up now if he bought huge at $7.

[Panic54321]

That's the problem when they make one of these filings I think there's certain rules where they can't buy every day. I think there's restrictions before earnings come out.   But I am not 100% sure certain white or if there are restrictions when he can buy in that timeframe as an insider. there was some big dying right at the end of the day one batch of a 200,000 shares