Ravelin Properties REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.RPR.DB

Armoyan sold some but he’s now confirmed activist

[MARKOPOLIS]

It's amazing hiw he tried to work with them and them basically pushed him aside considering the vakue creation he has done with other publicly traded companies I look forward to the special meeting and voting for change 

Filed 2022-10-20 09:45   Tx date 2022-10-18	$SOT  Slate Office REIT	Armoyan, Sime 3 - 10% Security Holder of Issuer Holder: Armco Alberta Inc. (Control or Direction)	Trust Units 10 - Acquisition or disposition in the public market	$-215,913.60  -48,000 vol  $4.50 each	12,811,700
Filed 2022-10-20 09:44   Tx date 2022-10-18	$SOT  Slate Office REIT	Armoyan, Sime 3 - 10% Security Holder of Issuer Holder: Armco Alberta Inc. (Control or Direction)	Trust Units 10 - Acquisition or disposition in the public market	$-36,900  -8,200 vol  $4.50 each	12,859,700

[SNAKEYBOY]

Why's he selling some when hes been accumulating for months? Makes no sense unless he needed some cash to pay the lawyers or something....

[pennydredful]

He   was   likely   sickened   by   the new   7.5%  conv    ,  converting   at   5.50   that   reduced   the NAV      or    he    bot    a   whack   of    it    and   needed

[pennydredful]

He@ @was@ @likely@ @sickened@ @by@ @the new@ @7.5%@ conv@ @ ,@ converting@ @at@ @5.50@ @that@ @reduced@ @the NAV@ @ @ or@ @ he@ @ bot@ @ a@ @whack@ @of@ @ it@ @ and@ @needed@ @to@ @sell@ @units@ @to@ stay@ below@ @20%@ @@