Post by
quicksilver545 on Oct 26, 2023 9:48pm
Asset stripping at its finest..
Another sale of properties with no recognizable benefit to unitholders, isn't voted on by unitholders, and is somehow removed from any kind of regulation because they no longer trade on a recognizable exchange.
Do we have any recourse? Or just watch all our value being stripped away?
Comment by
riverrrow on Oct 27, 2023 10:16am
I've seen this play before with some very big companies. Run the company into the ground and then sell the distressed assets back to management at unverifiable valuations.