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Bullboard - Stock Discussion Forum Lakeside Steel Inc V.LS

Bullboard (TSXV:LS)

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Comment by A_C_M_Eon Dec 20, 2011 8:00pm

RE: RE: RE: buyout offer @ 40c per sha

the offer sets the precedence of what this company is worth at the least because a buyer is willing to pay it, and naturally  unless in multiple bids, the 1st offer is always a low one.
Comment by Shiningstarron Dec 20, 2011 7:37pm

RE: RE: buyout offer @ 40c per sha

and an offer doesn't have to go through so we'll just have to wait and see what happens.
Comment by A_C_M_Eon Dec 20, 2011 6:47pm

RE: RE: RE: RE: RE: RE: buyout offer @ 40c per sha

an offer is an offer, regardless. 
Comment by Shiningstarron Dec 20, 2011 6:31pm

RE: RE: buyout offer @ 40c per share

could happen but if the offer is removed and the sp plummets then all large sellers must be looked at, won't hold my breath for any justice though as canadian regulators are on par with a bad joke ...more  
Comment by jsim323on Dec 20, 2011 6:18pm

RE: RE: RE: RE: RE: buyout offer @ 40c per share

IMO the share price will not reach .40+ given the vagueness of the PR. We don't know much other than a non-binding LOI has been entered into between LS and an unknown entity...
Post by A_C_M_Eon Dec 20, 2011 5:37pm

Major shareholders will squeeze

purchasers for higher $$, 
Comment by A_C_M_Eon Dec 20, 2011 5:14pm

RE: RE: RE: RE: buyout offer @ 40c per share

as luck would have it, this is my 3rd time around owning stock with a buyout... both other times the stock rallied to the buyout offer and held.this time around its not happening, could be time of ...more  
Comment by Shiningstarron Dec 20, 2011 4:56pm

RE: RE: RE: buyout offer @ 40c per share

pending any unforeseen circumstances the sp 'should' rise as the day gets closer but between now anything can happen to make the sp drop or pop even higher. -- I sold half of my shares with an ...more  
Post by A_C_M_Eon Dec 20, 2011 4:44pm

U.S. Steel?

https://www.ussteel.com/corp/index.asp whomever it is, they wish it to remain anonymous for now.
Post by A_C_M_Eon Dec 20, 2011 4:41pm

Vallourec?

https://www.vallourec.com/fr/
Post by A_C_M_Eon Dec 20, 2011 4:34pm

It could be TMK IPSCO

https://www.industryweek.com/articles/u-s-_manufacturers_gear_up_for_shale_gas_boom_26150.aspx
Comment by A_C_M_Eon Dec 20, 2011 4:25pm

RE: RE: buyout offer @ 40c per share

maybe tomorrow we will hit the 40c mark
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