COF 1.66% $1.19 centuria office reit

Truly devastating Nearly lost half the Market Cap. I toped up at...

  1. 276 Posts.
    Truly devastating Nearly lost half the Market Cap. I toped up at 1.20ish thinking it would be the bottom.

    I think the primary concern is the 140 M debt (net debt 87.3 M). Maybe there is a risk of breaching the loan covenants. Aside from this issue, I cant see why a moderate short term earnings downgrade would trigger such a slide.
 
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