TSXV:LRT.UN - Post by User
Comment by
BobTheKnob2on Jul 12, 2022 9:50pm
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Post# 34819640
RE:Best possible outcome for vote
RE:Best possible outcome for voteBobTheKnob2 wrote: I look at the outcome of the vote, with more than 50% rejecting the 500 to 1 consolidation. Then I look at the share price. It is still where it was a month ago. Then I look at the S&P Select Sector performance year-to-date and today.
Real Estate has a return of negative 22.82% YTD and down 0.12% today
TSX Venture has a return of negative 35.62% YTD and down 0.28% today
I think about this, the management here should be quite pleased with the cote how it turned out for unitholders and management alike.
We are not down today. It is a pretty fantastic day in the world of Lanesborough unitholders.
I should have added this part, because it is relevant for comparision:
- LRT.un has a return of negative 66.67% TYD and is unchanged for the day
However on the positive side, because I am that guy who always find the positive in everything, (which can be construed as cynical at times).
LRT.un is unchanged since February 28
As I said earlier that is a pretty fantastic three, almost four months.
Can't say the same for almost everything else in my portfolio - except for one stock that has been halted since May.