skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. DRR.U: Hi, this stock has been down since its IPO at US$13. [Dream Residential Real Estate Investment Trust]

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi, this stock has been down since its IPO at US$13.00 two years ago. Is there any hope for this stock in 2024? This REIT is quite small, so for example, could Dream privatize it, as Brookfield did for BPY ? What is the financial picture (ratios)?. If I did sale for tax loss, is it worth buying back?
If I’m right, their financial results will be published tomorrow (May9). So please comment on their earnings. Thanks a lot.
Asked by Denise on May 10, 2024
5i Research Answer:
With a market cap of $86M, it could easily be privatized, but that is not to say it will be. It...
Sign up today for a free 14-day trial and continue your reading!

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; unbiased stocks research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!