Q: The REIT has made an offer to purchase 12,500,000 units at 15.50 dollars per unit. It represents about 25% of the total REIT issued units. Since the price offered is much lower then my purchased price and the stock is held in a register account I do not feel too compelled to sell it. You have indicated in the past that the REIT is a valuable asset and likely with time it will recover.Is this still the opinion you hold ? Is the dividend would remain to be paid after such transaction by the REIT?
Thank you
Thank you