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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 Lllennnon Dec 01, 2022 3:55pm
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Post# 35144273

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

RE:RE:RE:RE:RE:RE:RE:RE:best decision we could have madeRemember when a ton of shares sold for .05? It was like 35 million, I thought these buyers are just crazy $130 fo db that was trading at $2 just crazy imo. And how does company get off the ground with the amount of debt? Never going to happen, people running company are just taking salary for as long as they can, any body would, it's either get salary or get nothing plus they get interest on loans so just keep it going. SH are ready are diluted with all the debt and debentures and to maintain the buildings cost have gone sky high, nothing going right for this type of company, zero imo
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