also thought what's going on here xD News I have not found so far EDIT: that someone else has posted: As of now, today's price slide is about 20%. Why did it come to this? As described in my initial post, the tenant structure at IIP is a risk that should not be underestimated. Yesterday it was reported that a tenant cannot pay the rent (incl. further fees) iHv of 2.2 million for the month of July. Based on IIP's 2021 revenue (approx. 170 million), this amounts to 13.2 million for the rest of the year, i.e. a share of just under 8%, which IIP could lose this year(!) (assuming payment defaults for the rest of the year). However, talks with the tenant in question are ongoing, so nothing is lost yet. Since I assume that even if this revenue is lost, new tenants will be found by the turn of the year, I think the share price reaction is exaggerated.
