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Bullboard - Stock Discussion Forum Dream Impact 5 50 Convertible Unsecured Subordinated Debentures T.MPCT.DB

Alternate Symbol(s):  T.MPCT.DB.A

Dream Impact Trust is a Canada-based open-ended trust dedicated to impact investing. The Company operates through two segments: Development and investment holdings, and recurring income. The Development and investment holdings segment comprised direct and indirect investments in residential and mixed-use developments, a hospitality asset, and participating mortgage receivables. The Recurring... see more

TSX:MPCT.DB - Post Discussion

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Post by InvestSmarter on Aug 15, 2024 5:56pm

49 Ontario Assembly Sold?

MPCT bought 49 Ontario, then later bought the land next to it, to make an "assembly". Then got appropriate zoning.

This "assembly" was listed by Lennard, and recently changed to "SOLD" on the Lennard site.

Did the assembly actually sell and Lennard was working on behalf of MPCT?

Maybe the 10x above average volume today was about this and someone knows.

75% of 49 Ontario will sell for 2x today's trading market cap. That's just 1 building assembly we own.
Comment by DJ441c on Aug 17, 2024 12:05pm
You think there would have  been a  PR  from the company if large  transaction   also  the price dipped  at first and  barely recovered  as  opposed to parent  DRM that  keeps pushing ahead rapidly I guess you could Contact IR dept to see  what they say   but  it will be  nothing useful
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