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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Post by Baxter4on Apr 23, 2012 10:27am
435 Views
Post# 19823869

10 Cents

10 Cents

Something is wrong here and the management needs to make a NR soon to clarify things. Per the last NR, they should be announcing a 10 cent dividend very soon but the share price is sitting at 10 cents. The NAV is just over 20 cents, yet the share price is less than half the NAV.

 

I'm still hoping those funds which bought in big time will force the company to shutdown and give all shareholders the procedes of the Genel sale. I have no desire to own a pie-in-the-sky African investment, but the share price now is too compelling. I picked up more this morning.

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