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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Post by kdcalgary74on Jan 18, 2012 2:57pm
363 Views
Post# 19418386

Hedge funds dream come true

Hedge funds dream come true

Crazy thought...with this massive volume, I could see hedge funds buying 0.23 shares for 0.15.  They can accumulate up to 9.9%, get a couple together and then force the board to liquidate the company and collect a 45% profit. If they get enough votes to change out the board, this is a possibility. Soros is already there at 10% and I have to think they would want to cash out rather then let these team start up another venture that is forced on shareholders rather than choosen.

thoughts?

 

 

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