GREY:LBEFF - Post by User
Post by
ExSudburyGuy2on Apr 13, 2009 12:51pm
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Post# 15913638
Cease Trade
Cease TradeIsn't it also somewhat weird that a cease-trade order was issued on all Liberty shares?
From my recollections, Nortel, Hollinger, Kinross, Imax, all failed to file financial statements on time at one point or another. The OSC issued a management cease trade order in those cases... meaning management couldn't trade but regular shareholders still could.
If I was the type who was into conspiracy theories, I might even suggest Liberty and JJ wanted trading halted before announcing the sale.