Laurentian Bank of Canada T.LB

happy canada day offer

[jennifer8]

be a happy canada day if  a takeover offer!  at what  price$$???

[insidersnoop1]

In Oct. of 2023 Laurentian refused a takeover bid of 45$ because CEO didn't want to lose her job and be replaced by the takeover bank (unnamed according to Globe and Mail). One montn later she was fired. So.....45.50$ is fine with me.

[DeanEdmonton]

Insider - post proof they turned down ANY offer at 45.50 or even less, please.

[insidersnoop1]

See article by Contra Guys from Globe and Mail : Contra Guys: Why we’re banking on a takeover of Laurentian and holding onto our shares

[DeanEdmonton]

Insider - This is the article you referenced. It was published July 14, 2023, long before the Oct bid of $45 you are talking about. The article talks about what they think will happen, TOTALLY WRONG by the way, just like everyone else that bought in between 35 and 43 bucks betting on a 60 dollar take out offer. Nowhere do they talk about an actual bid price, or an actual bid made or anything of

[insidersnoop1]

QUOTE :  They said : We are holding are positions. In addition, insiders have bought in and none (zero) are selling.  It's just a waiting game while collecting over 7% dividend.

[rad10]

Dang - he bought at over 39 bucks a share.....  ouch. I have a lot of their preferreds that just reset.  I am underwater the commons with a high twenties ACB. All good - just dripping away patiently. former CEO not in same league as Fraser at Citi.  Good to clear her out and hit the reset button. Confident this will do just fine.

[rad10]

Dang - he bought at over 39 bucks a share..... @ouch. I have a lot of their preferreds that just reset. @I am underwater the commons with a high twenties ACB. All good - just dripping away patiently. former CEO not in same league as Fraser at Citi. @Good to clear her out and hit the reset button. Confident this will do just fine.