Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.DB

No one is talking about...

[toddkaz]

Seems like no one is talking about another option GA has now that he is at the helm.  I could see him taking this REIT private.  Its going to leave a lot o/ people in the red and upset but in order to GA to get value for his investment taking Slate Office Private might be the only way.  2 dollars a share is what I would look for here.   What are people's thoughts?

[pennydredful]

As  it   stands   units   are  likely   worth less  than   zero  IMO   so  why  would  he  do  that  ? 

[Tree2tree]

We have a few clowns here wishing they had bought more, and therefore trying to talk down the price.  Good luck.

[Northforce13]

In a myriad of outcomes the debs are fine. It is the units that are the wildcard. If GA really goes for blood and acts in his sole interest, the units could end up being worth +/- 30% less than the current price, short term, possibly fine over the long term. If GA does a transaction that benefits him more than unit holders, but isn't too egregious, the units end up > current price but

[Tree2tree]

Good analysis.

[rad10]

I heard he is only interested in the maritime assets.  Time will tell.  It's going to be good to watch!

[HRc60to65]

If GA is offerring a good price for the Martimes assets, why SOT will not sold it to GA ?

[pennydredful]

As he  had  a  position  with SOT his  offer  if  any  would  represent a conflict of  interest  meaning he would  have  no  say  in it.   Perhaps  his   offer  (  if  any)  was   considered to be  too  low.