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Lanesborough Real Estate Investment Trust V.LRT.UN

Lanesborough Real Estate Investment Trust is a Canada-based real estate investment trust. The investment properties of the Company are separated into three operating segments: Fort McMurray Properties, Other Investment Properties, and Held for Sale and/or Sold Properties. Fort McMurray Properties includes eight properties. Other Investment Properties include two properties. Held for Sale and/or Sold Properties includes sold properties: five properties. The property portfolio of the Company consists of approximately 11 rental properties, encompassing 10 multi-unit residential properties, including the unsold condominium units at Lakewood Townhome.


TSXV:LRT.UN - Post by User

Lanesborough Real Estate Investment Trust > Someone is buying the unit but why?
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Post by Cbcdistressedon Feb 18, 2022 10:39pm
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Post# 34444137

Someone is buying the unit but why?

Someone is buying the unit but why? I noticed some volume on lrt.un but I don't understand who in the right mind is going to buy the current unit in front of a massive dilution.

why? Is the fundamental turning 180? But it's fair to say that the oil is close to 100 again so maybe someone is anticipating a boom in the city again? 
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