Contrary to the fairness opinion valuation range of $3.50 – $5.00 per Trust Unit, Melcor REIT has only written down Net Asset Value or NAV to $8.70 per Trust Unit. Minority Unitholders must ask this question: “Why didn’t management and the board of Melcor REIT reduce NAV further and take the valuation down to $4.95 […]
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