True North Commercial REIT T.TNT.UN

Company repurchased 13700 shares on Friday.

[Jkcoco]

Hopefully daily repurchase can maintain above 13k till end of June!

[luscar99]

This post has been removed in accordance with Community Policy

[EstevanOutsider]

cumulative volume was over 50,000 if factoring in non tsx volume.

[gold_diggers1]

However, DD is still MIA in buying shares for himself since Jan 11, 2024 (when he last purchased 5K shares for himself). The speculation saying that it was due to DD was in a blackout period (Q4/YE results) was not valid. It would be nice to see if DD continues to buy shares for himself on top of the company's NCIB?! GLTA  

[cooper90]

DD is a massive shareholder in this REIT which is what all shareholders are looking for when aligning with management, do they have skin in the game.  The fact that DD hasn't purchase shares recently is irrelevent and I am not sure why people keep bringing it up. If he had no skin in the game, a minor investment and with the stock so undervalued did not step up and purchase that would be

[luscar99]

This post has been removed in accordance with Community Policy

[BlueJay2020]

"Hopefully TNT's debt is CAD$ denominated" - given your obvious preoccupation with TNT's debt, I'm staggered you don't know the answer to this question.

[flamingogold]

Take it easy... the BoC is just cutting rates ahead of the US. It's not like Canada will see tons of cuts and the US won't get any. There will be a gap from possibly June when Canada cuts first and maybe November when the US starts cutting..

[matt2018]

totally agree. He already owns appr 1.5M shares, his distributions on this massive holding have been cut like everyone else here. Yet, some investors here expect him to reach into his pocket and buy 5,000 shares a day? Laughable.

[gold_diggers1]

The laughable is that some people just cannot accept some investors just raising a point or two.  Just look at how SIGG1 used to defend DD not to buy any shares and now sticking a fork into DD's mind. That is laughable?! GLTA

[gold_diggers1]

Laughable, isn't it?  Geez, DD, since you are a billionaire, can't you buy some more shares during your non-blackout periods to show you have faith in this Company?? Yeah, I know..... I have ruffled some feathers, haven't I?  just like I used to ruffle SIGG1's feathers?!  And now, where is SIGG1?? Just re-stating some fact, that's all.... hehehe :)

[giovinco]

Yeah DD probably doesn't have extra cash. Distribution cut took away a large portion of his income, too. I wish I had more cash, yet I am not going to sell my house to buy the stock. I am a long term holder so share price fluctuation matters less for me then the distribution. Hopefully they won't do this for too long because share price won't go up unless they reinstate the dividend

[impega]

Its entirely possible that Drimmer has been in a blackout period for an extended time. 60 days prior to the annual financials, period prior to material news (sale of 4 properties) and 30 days prior to Q1 financials. Maybe that is the reason he has not been on the buy side lately.