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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 > Anyone attend the meeting today?
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Comment by BobTheKnob2on Jun 28, 2022 10:08pm
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Post# 34789335

RE:RE:Anyone attend the meeting today?

RE:RE:Anyone attend the meeting today?

alkhor wrote: Since there is no press release yet, I would guess the vote didn't go they way the BoD hoped. They are probably trying to figure out how to spin the results so they can keep thier jobs.


That is probably true. However, my recollectioin that this company is staffed up with a bunch of lifestylers that probably figured that after the meeting their job was done for the day and go for a three-martini lunch, bill it to the commpany and call it a day.

I also recall that they don't seem to have any motivation to get news releases out in a timely manner. If I was to speculate it will come on Thursday evening just before the SEDAR cut-off at 23:20 Eastern, the day before the Canada Day long weekend - hoping no one will notice.

Sorry to be so cynical, but I can't help it with this company - they give me so many reasons to be cynical.

 

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