TSXV:LRT.UN - Post by User
Comment by
BobTheKnob2on Apr 16, 2022 10:24am
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Post# 34607413
RE:RE:RE:RE:Financials
RE:RE:RE:RE:Financialsalkhor wrote: Sooner or later they will have to do a unit consolidation so they will trade again. You probably won't get the $10,000 back but you will get something, especially if Ft. Mac booms again.
I would correct this to say that the units actually DO TRADE. Only problem is there is no awareness of the company (thanks Shelter/Manitoba/Lanesborough) through a corporate presentation or maket maker. When they do trade they do trade by appointment a handful of times a month, often for less than $100 at a time including commissions.
If you are like me, and hold millions of units, there is no point to even try to sell them because since this deal, the unit price has a heartbeat that reminds me of great-grandfather's heartbeat. For reference, he passed awway last century, in the 1900s.