InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
83.25
(
0.14%
)
Bitcoin
64,418.31
(
0.66%
)
Post# of 1836
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

56Chevy

Send PM Follow Ignore
Followers 129
Posts 5085
Boards Moderated 1
Alias Born 04/10/2008

56Chevy

Member Level

Re: Siormilan post# 45

Saturday, 01/28/2017 3:21:15 PM

Saturday, January 28, 2017 3:21:15 PM

Post# of 1836
Well don't forget MacKenzie Capital is still out there.

They were looking for 1.55MM which is just shy of the legal REIT limit of 10% ownership and only picked up 38,662 in their tender offer.

I highly doubt they threw in the towel. If they can pick up 5,000 @ day it's long slog towards 1.55MM but every little bit helps. In 10 days they could get more than their tender offer.

Something is better than nothing. If possible they may pick up the pace as time goes by...and perhaps that could mean another round of tender offer(s) are in the future.

If so they'll have to do better than $3.

Marker:
United Development F (UDFI)
$3.00 up 0.09 (3.09%)
Volume: 7,083





Nothing in my hand I bring...simply to thy cross I cling --- Engraving on Hawaiian Missionary headstone mid-1800's.

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up