RE: RE: i bought. why? https://markets.ft.com/research/Markets/Tearsheets/Directors-and-dealings?s=LFD:CVE
look at my history: i am no one else and this is not a second account. i do not claim to have 10 million cash, but there are a lot of peole who have,
math is plain and simple:
no debt (check latest financials on sedar)
24-29million cash left on 180 million shares
current marketcap EX-Dividend: 0,035*180million shares=6,3million can$
PROBLEM! is managent is currupt and stupid. the right revenge for all long term shareholders would really be TAKE this comp away from them! don`t let them burn YOUR CASH!
many companies have the problem that more than 50% of shares are in strong hands. so you can`t take it out easily, but LFD is mostly held by retailers and smaller institutions.
many might be happy to recieve 0.07 cents per share ex dividend. then you can use funds left well!