Bullboard - Stock Discussion Forum True North Commercial REIT T.TNT.UN

Alternate Symbol(s): TUERF

True North Commercial Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. The REIT is primarily focused on creating value for unitholders through the investment in and ownership of commercial properties in Canada. The REIT’s primary objective is to maximize total returns to its unitholders. Its returns include a stable, reliable... see more

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TSX:TNT.UN - Post Discussion

True North Commercial REIT > Going back to $30?

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Post by SIGG1 on Sep 04, 2024 11:06am

Going back to $30?

Looks like investors are struggling try to buy shares after this third interest cut in just a couple of weeks.

All the selling was done and overdone now people want to get back in but with very little number of shares available for sale.

I wonder if the same thing is about to happen to INO.UN

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Comment by Tysonj20 on Sep 04, 2024 12:12pm

I think we will hit 18$ and hover there in anticipation of dividend reinstatement.

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Comment by cooper90 on Sep 04, 2024 2:02pm

Next up $15.50, then a little consolidation and then $18 agreed! Great tailwind after the long consolidation and now breakout over the past 2-3 x weeks (FINALLY) Tailwind#1 - Monthly interest rate drops by the BOC and there is going to be 8-10 more so every month we are in better shape! Tailwind#2 - Continued monthly buy-backs reducing the float and buying during the breakouts ...more

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True North Commercial REIT