Monday, December 5, 2011

LMIR: Excess rights.

It seems that LMIR's management has the same approach towards excess rights as First REIT's management.



Smaller unitholders would see more of their application filled compared to larger unitholders. I make this statement after exchanging notes with some friends and readers.

For me, excess rights alloted as a percentage of the units I was holding before the rights issue is about 17%. A