TSXV:LRT.UN - Post by User
Comment by
Lllennnon Mar 05, 2022 10:05pm
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Post# 34487550
RE:RE:Share count update at 680 Million
RE:RE:Share count update at 680 Million Cannot really work against management here, it's a tail spin to zero, only about 1000 db have sold since they've gone to units and most likely many had buyer remorse after purchasing and end up back of line, we'd about $30 million to balance so won't matter what re assessment is, not going to be able to do a HBC after buying Sacks, oil higher but it's been a dog for ~7 years the 10 yr average for oil sux to say the least and rents a pig to move high and more importantly is occupied units then on top of that maintenance values are low to drag it thru the lows, need to fill units before raising rent and value can't go up unless cash inflow after all these allowances are topped and out flows slow, which I don't see how, Only way is allow share price to market balance using bid/ask even if it goes to .00005, get volume up and allow position building, but at .005 it's just selling db under different name, so 1 million db sold so far and (23 mil plus 8 in interest?) or RS 200000 for 1, try to sell at .005 if possible imo