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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 Lllennnon Mar 05, 2022 10:05pm
65 Views
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
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