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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Post by manifest30on Jan 16, 2012 10:45am
389 Views
Post# 19407482

Trading range Halt lifted?

Trading range Halt lifted?

Well i can't see us dropping below the .10 dividend we'll be getting and we've got another .13 cents per share that mangement has to make something happen for the company.

so of the that 13 cents i can't see us trading at full value of .23 cents as that would mean shareholders have the utmost confidence in the management team to increase shareholder value.. and the way this whole fiasco played out i don't see that as the case. So i'm thinking we trade at a decent discount to book value of the company.. right now we're a .23 cents a share shell with .10 of that going back to shareholders. I'm thinking of we'll be trading at a discount for sure but how much i really don't know.. i'm hoping we hold an .18-.20 cent range but that may even be the high end.. time will tell! I would love the halt to be lifted soon however as i work the next 4 trading days and won't be able to really trade to sell these shares for the optimum price with watching my level 2 buying and selling pressure and support levels.  currently more bids then asks at .155 on the level 2 meaning we're into buying pressure so we should go up from there..but you never know

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