Lanesborough Real Estate Investment Trust V.LRT.UN

Risk of Putting Your Units up for Sale

[alkhor]

Most investors pay around a $10 fee for trades. I notice that today someone bought 5000 units at half a cent, worth $25. That means someone who had probably millions of units for sale sold only 5000 but had to pay the $10 trade fee, so got only $15.

This made the units worth even less, around $0.003 each when fees are included.

[quicksilver545]

Yea, 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

[BobTheKnob2]

100% That is absolutely why the company is doing what they are doing. They keep racking up the debt to Shelter/Maitoba which no doubt will be converted at the much lower rate that the consolidated shares will trade at in time. If the management was honest and fair, they would have converted their debt at the same time at the same price as debtntureholders. Absolutely VOTE NO across the board -