Q: Hi, Northview Fund (NHF.UN) is doing a recapitalization transaction where the portfolio is being acquired and becoming a $2.7 billion tradional multi family REIT. The deemed transaction price is $15.06 and the stock has been drifting lower, I get that this can be sector specific, but this is not a well followed company, I am wondering if am I missing something on this transaction and why would this be drifting to the $7's. There is a share consolidation coming but I believe it is post transaction.
Q: Why are they consolidating the shares? They are nowhere near a delisting price.
Why do you think the market is unphased by the yield reduction. Even an anticipated cut almost always creates a drop. Occasionally a boost of course.
Why do you think the market is unphased by the yield reduction. Even an anticipated cut almost always creates a drop. Occasionally a boost of course.
Q: Further to the recent question. NHF currently pays $1.26 pa. does the new structure reduce the yield and if so, by how much? Thanks