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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 > Winding up and nothing for us. And they want us to approve?
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Comment by BobTheKnob2on May 28, 2024 12:42am
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Post# 36059757

RE:RE:RE:Winding up and nothing for us. And they want us to approve?

RE:RE:RE:Winding up and nothing for us. And they want us to approve?
alkhor wrote: Or maybe pay off all of Arnies loans by issueing units at a value of ,05 each, same as they did for the debenture holders. There would be a lot of units but at least the debenture holders get the same value as Arni.


If management and the BoD was actually competent and could actually be objective and looking out ffor their own self-interest only - they would have propsed that at the very same time as the debentureholder (sham of a) vote. 

Then I would been supportive of a consolidation of the shares, because everyone is sharing in the same pain - not just the secured debentureholders and sxhareholders.
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