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