URF 0.00% 28.0¢ us masters residential property fund

Ann: Termination of Purchase and Sale Agreement, page-14

  1. 122 Posts.
    lightbulb Created with Sketch. 281
    here is the playbook: 1) cut most all G&A; 2) convert prefs; 3) ad hoc sell anything one by one that anyone wants to buy, at a <10% discount to NAV (net basis ie after costs); 4) use all excess cash (at least $20mm today, prob >$50mm once this process gets going) to retire shares at huge discount to NAV.

    frankly I think this is a 35c+ stock by yr end, maybe a lot sooner as soon as they articulate this. Obviously it is already FFO positive but no reason it can't be $10-15mm AFFO positive on a run-rate basis by early 2023.
 
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28.0¢ 28.0¢ 28.0¢ $239.9K 857.1K

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No. Vol. Price($)
3 380486 28.0¢
 

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Price($) Vol. No.
28.5¢ 226611 5
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