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Bullboard - Stock Discussion Forum Yorkton Equity Group Inc V.YEG

Yorkton Equity Group Inc. is a Canada-based real estate investment company. The Company is focused on providing shareholders with growing assets through accretive acquisitions, organic growth, and the active management of multifamily rental properties with upside potential. Its business objectives are to achieve growing net operating income (NOI) and asset values in its multifamily rental... see more

TSXV:YEG - Post Discussion

Yorkton Equity Group Inc > Is this a real offer?
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Post by watchmeplz on Nov 16, 2022 5:39pm

Is this a real offer?

In my opinion, Unsecured .30c converts? Its trading at .16, whats 2mil going to do anyways other than pay salaries, can't even buy 1 residential house for that, lmao, let alone multi-family complex. No chance im hoping into paying someones G&A bill for 2x market value. Delineate what the funds are for. They don't even have to pay 1 interest payment and they double up win on current sp, lol. All their cap rates are like 4-5%, how are you paying my 8% without another raise in a declining market, with over 100m shares outstanding? Am i a sucker?
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