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News Focus
Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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Longview Oil Corp LGVWF

Energy Oil & Gas E&P


GREY:LGVWF - Post by User

Longview Oil Corp > Good news
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Comment by terroiron Oct 02, 2013 11:49am
208 Views
Post# 21784469

RE:RE:RE:Good news

RE:RE:RE:Good newsLet's say I am the buyer, you are suggesting that I would pay $10.60 per share to Advantage, when exactly the same share is available at $6.24 on the open market.

You are suggesting that I get less than 6% dividend yield.

I don't think I will accept your kind offer.

Now you want to rid yourself of 20 million shares, and you know that if you do this on the open market where the shares trade very thinly, you will have to take the share price down; so a 6% discount to present price is more than fair. Don't you agree?

Done then at $5.90 per share.

Terr
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