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Bullboard - Stock Discussion Forum Regent Pacific Properties Inc V.RPP

Regent Pacific Properties Inc. is a Canada-based real estate development and investment company. The Company is engaged in the rental of commercial and residential real estate properties located in Canada. All the properties are in one region: Edmonton, Alberta. The Company also invests in residential and commercial properties located in Edmonton, Alberta. The Company has a portfolio consisting... see more

TSXV:RPP - Post Discussion

Regent Pacific Properties Inc > Damn...
View:
Post by webes on Aug 28, 2000 12:46pm

Damn...

Boy, I go out for lunch, come back and all hell has broken loose! I had a long-standing order to sell half my shares at 11.5 cents, I guess they are gone. Oh well! By the way, I heard someone mention TD's big holding. While Repap has been in financial trouble, I believe TD received a tonne of shares instead of debt repayment, so it is a bit misleading to suggest TD is bullish on it. My guess is a buyout, and I hope it is true! Cheers!
Comment by MartyP on Aug 28, 2000 1:31pm
I don't recall TD receiving shares for debt and I think the last convertable debentures issued was back in '97. Marty P
Comment by recon on Aug 28, 2000 3:02pm
How they got their shares is not as important as why they are keeping their shares, IMHO. TD has also become a very vocal and involved share holder, this is very, very good for investors. I'm hoping the sleeper has awakened!
Regent Pacific Properties Inc