While not determinative of security prices in itself, these steady increases in NAV ought to put the odds in favor of the buy and hold OPMI who bought in to
equities at substantial discounts from NAVs.
I personally escaped having skin in that game (just) but bought my first flat from sellers in negative
equity at a substantial discount to what they had paid a few years earlier, and watched friends suffer.
Not exact matches
As an inducement, the Roche Connect program enables everyone in the firm to buy the company's nonvoting
equity securities
at a
substantial discount.
«When you look
at the business today, it's trading
at a
substantial discount to its peers on an
equity basis,» Barr said.
They've been able to tap the
equity markets for capital
at a
substantial discount to their competition and are in turn likely charging a premium rate for the
equity they issue back to customers in business loans, personal lines of credit or mortgages.