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Bullboard - Stock Discussion Forum Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.DB

Alternate Symbol(s):  SLTTF | T.SOT.UN | T.SOT.DB.A | T.SOT.DB.B

Slate Office REIT (the REIT) is a Canada-based global owner and operator of workplace real estate. The REIT is an unincorporated, open-ended real estate investment trust. The REIT owns interests in and operates a portfolio of real estate assets in North America and Europe. The REIT's portfolio is primarily comprised of government and credit tenants. The REIT's portfolio consists of... see more

TSX:SOT.DB - Post Discussion

Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 > Slate said Armoyne wanted to buy Atlantic properties
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Post by SNAKEYBOY on Oct 21, 2022 11:16am

Slate said Armoyne wanted to buy Atlantic properties

Why would he buy properties for FMV when he can just get SOT shares half off.
Comment by Malpeque2 on Oct 21, 2022 11:28am
Maybe just to Kick the tires on the properties and do some DD in his Hood? Perhaps he thinks he can trade undervalued shares of SOT to the company in exchange for getting a property(s)  at 70 to 80%  of FMV or IFRS Nav.     Maybe one or two in Halifax that he has had his eye on for a long time.   He can us the shares and the threat of the Proxy to extract from ...more  
Comment by WanTBe1 on Oct 21, 2022 11:43am
This or any Action like this is not very good for the other shareholders like you and me.
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