Strong support
$Suntec Reit (T82U.SG)$ Although the acquisition tender offer is just a legal process, and ordinary shareholders may not accept this offer, the major shareholders are aggressively acquiring at this price, at least establishing a strong price support for the reits, with a very good confidence-boosting effect! Buy!
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Bqwire : Yes, agree.
Once your holdings cross the 30% mark, by law you will need to make an offer.
At this kind of price, it seems to be more of a formality than a serious offer.
I am guessing price will stablise back around $1.16.
The next move should be reflect by the Fed speech after their Dec meeting.
101572240 : Buy
102918195 : this is good news...that's why up today...it will not be delist and will continue trading
103044510 : A good stock for long term investment, with good dividend payout
Bqwire : DPU is still on a downtrend, probably need more time before it stablised.