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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 20, 2023 11:28am

ANY BAG HOLDERS KNOW WHAT TO DO?

I dont mind holding for a few years with a tiny dividend, and wait for closer to $3 to cash out.  

I dont think selling now will accomplish much given aromayne still is involved and if it was a completely toxic investment upon strategic review he would be getting out
Comment by NotDrake on Apr 20, 2023 12:02pm
No idea, down nearly 6 figures against my book value.  Have the same thinking, going to sit it out.  What has been done here is heinous (like many value trap RE stocks) but don't think Slate is a fly-by-night.  Find it hard to believe this will be allowed to fail (yes the point we're at now is a failure in itself).
Comment by CanSiamCyp on Apr 20, 2023 12:11pm
This post has been removed in accordance with Community Policy
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