TSXV:LRT.UN - Post by User
Comment by
alertmeippon Dec 23, 2009 10:02pm
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Post# 16616101
RE: RE: RE: RE: RE: RE: Lanesborough REIT to pay s
RE: RE: RE: RE: RE: RE: Lanesborough REIT to pay sToday's news shouldn't be a surprise to anyways.
That's why they seek shareholder approval couple months ago.
The investment thesis is still intact... Properties the REIT own worth about 3-4 bucks and the rental market in FM has bottomed - you buy this for 70 cents and hope the econ will keep on improving.