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Genesis Land Development Corp T.GDC

Alternate Symbol(s):  GNLAF

Consumer Cyclical Advertising Agencies
Genesis Land Development Corp. is a Canada-based integrated land developer and residential home builder. The Corporation is engaged in the acquisition, development and sale of land, residential lots and homes in the greater Calgary area. It operates through two segments: land development and home building. As a land developer, Genesis acquires, plans, rezones, subdivides, services and sells residential lots and commercial and industrial lands to third party developers and builders, and sells lots and completed homes through a wholly owned subsidiary, Genesis Builders Group Inc. (GBG), its home building division. The land portfolio is planned, developed, serviced and sold as single-family lots and townhouses, multi-family and commercial parcels. It designs, builds and sells homes on a significant portion of its single-family lots and townhouse land parcels. It also acquires single-family lots from other land developers to build and sell single-family homes in additional CMA communities.


TSX:GDC - Post by User

Genesis Land Development Corp > Does anyone see the rights trading today?
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Comment by DanGood38on Nov 19, 2021 11:08am
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Post# 34145665

RE:RE:Does anyone see the rights trading today?

RE:RE:Does anyone see the rights trading today?You have to assume they have a good home for the money otherwise the rights offering doesn't make sense. The rights go to existing shareholders but I don't see any in my account yet so I'm not happy. Toronto boys think they can take over a dinky Calgary firm to feel better about themselves? Then just do it!
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