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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 > best decision we could have made
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Comment by quicksilver545on Nov 25, 2022 5:12pm
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Post# 35129179

RE:RE:RE:RE:RE:best decision we could have made

RE:RE:RE:RE:RE:best decision we could have madeWell the market was clearly blown away.... *insert sarcasm*

I reviewed things and i'm slightly more optimistic that this company could survive. Glad they actually had some positive fair value adjustments for once. 

However, i really dont know where we go from here. Absolutely no one cares about this stock, there's no coverage, and no volume. So either we get bought out at some point, or they try to pull another fast one and reverse split us 1000:1, then do some huge dilution to raise some money to kick the rock down the road a bit.

Don't trust this management for a second! Remember when thy just completely ignored the results fo the vote to turf their board? Cause I won't forget...
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