RE:When do the converted LNV to SGY shares start trading ?With many take overs there is a period of consolidation. Many times the shareholders of the smaller company getting bought out do not want to be shareholders of the larger company. In this case I don't see that. SGY is a much stronger managment team. The dividend is higher and the market likes this company. Why would a LNV shareholder not be pleased. I still see some consolidation phase but it may not last as long as many expect. Meanwhile we collect a very nice dividend. I can be patient given Colborne's history.
I believe in managments assertation: "Management's goal is to deliver a 12-per-cent to 14-per-cent annualized total rate of return, with an increasing, compounding dividend, over the long term."