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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

Post by SNAKEYBOY on Apr 04, 2023 7:24pm

Going to be a bloodbath

I cant even imagine loosing 50% tomorrow or how bad its going to be.  Should have dumped and bought TNT after it plunged, the risk was always on  the table.Didnt think  Aromyane would shoot himself in the foot.  Even at $2 its a 6% yield, who would risk that
Comment by MARKOPOLIS on Apr 04, 2023 7:28pm
At 2 armoyan loss $36 million on shares only that a 60% loss since June 2022 
Comment by SNAKEYBOY on Apr 04, 2023 7:31pm
Yup. Only makes sense if it is ready to buy hand over fist, then eventually take the reit private or find a buyer for $4 after he brings down his average 
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