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Lanesborough Real Estate Investment Trust V.LRT.UN

Lanesborough Real Estate Investment Trust (The Trust) is a Canada-based closed-end real estate investment trust. The investment properties of the Trust operate through three segments: Fort McMurray Properties, Other Investment Properties, and Held for Sale and/or Sold Properties. Its Fort McMurray Properties include 10 properties. Its Other Investment Properties includes three properties. It’s Held for Sale and/or Sold Properties includes four properties. The Trust's property portfolio consists of 13 rental properties, encompassing 12 multi-unit residential properties, including the unsold condominium units at Lakewood Townhomes.


TSXV:LRT.UN - Post by User

Comment by quicksilver545on Jun 14, 2022 12:13pm
44 Views
Post# 34755307

RE:Risk of Putting Your Units up for Sale

RE:Risk of Putting Your Units up for SaleYea, that's what happens when there is zero liquidity on the stock, and the management does absolutely nothing to support it. I'd love to unload my stock at half a cent, but unless management does something to support the stock, that will not happen. The 500 to 1 consolidation will just crater the price as there has been little to no volume or press releases to support it. I suspect they want the price to crater. 



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