TSXV:LRT.UN - Post by User
Post by
estebancaballoon Jan 21, 2016 12:49pm
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Post# 24480926
A market cap of only $1.3 million?? That is less than $1m
A market cap of only $1.3 million?? That is less than $1m in $US! You could own an entire fund with a NAV of what, $30million?, for $1.3 million? Is this possible? I realise that the FM properties are probably worthless at this time but that leaves a number of properties that could be sold for profit....the debentures would have to be paid out but there could still be more than $1.3 million left at the end of this process. Not really sure what is stopping Mr. T from doing this at this point. He must own a large chunk of LRT already...so it would not be a huge investment - chump change?? All imho....