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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

Comment by Cbcdistressedon Feb 19, 2022 7:57am
92 Views
Post# 34444565

RE:RE:RE:Someone is buying the unit but why?

RE:RE:RE:Someone is buying the unit but why? I was tying to decide what I should do once I have the shares. Might dump them all.... but wish to see the new balance sheet first, given the oil price is closed to 100 again. 

If someone bought at current level, I am all ears to hear their opinion as to why they choose to buy now. Higher oil price is the only possible explaination.

I used to hold both shares and debenture and dump the share immediately after the proposal.
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