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LFT Lument Finance Trust Inc

$5.58
$0.0989
(1.80%)
Pre-Market
Prev Close $5.48
EarningsNov 12
Mkt Cap$28.81M
Vol12.00

About LFT

Lument Finance Trust, Inc. operates as a real estate investment finance company, which engages in investing, financing, and managing a portfolio of commercial real estate (CRE) debt investments. It primarily invests in transitional floating rate commercial mortgage and other CRE-related investments such as preferred equity, commercial mortgage-backed securities, mezzanine, fixed rate, and construction loans and, other CRE debt instruments. The company was founded on March 28, 2012 and is headquartered in New York, NY.
50

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stevero
$LFT They need to get this straight right away. Either get it stable and ontrack to reinstate the divi without any more destruction, or merge it with a stronger entity for at least 50% of the Net Asset Value (NAV). After this announcement of the dividend being halted in the after hours today which is friday shares are down another -6.85% to $6.12 share... that's about a 78% Discount to it's NAV. How much more damage does this external management want to inflict? This was Five Oaks, then HuntCoFinance, and now this Lument Finance has destroyed people. To the External Managers: Do the right thing and fix this and protect people who entrusted you!!
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