Great day for BT in a lousy market! Is it being snapped up by Clarke because its dirt cheap or are they like me speculating that the most logical thing for Bonnett to do to create shareholder value is to start re-distributing the wealth with a regular dividend.
Murray and Colleen Toews have the most to gain if such a decision is imminent.
They own almost 6 million shares of the company.
Possible something is happening behind the scenes with the recent appointment of Michael Rapps on the Board of Directors.
He has been involved in several mergers and acquisitions with Geosam Capital.
House Positions for BT from 20120601 to 20120601
| Ex |
House |
|
Bought |
$Value |
Ave |
|
Sold |
$Value |
Ave |
|
Net |
$Net |
|
80 National Bank |
|
55,200 |
219,541 |
3.98 |
|
0 |
|
|
55,200 |
-219,541 |
|
19 Desjardins |
|
9,267 |
36,608 |
3.95 |
|
1,200 |
4,696 |
3.91 |
|
8,067 |
-31,912 |
|
89 Raymond James |
|
0 |
|
|
200 |
782 |
3.91 |
|
-200 |
782 |
|
79 CIBC |
|
200 |
791 |
3.96 |
|
400 |
1,560 |
3.90 |
|
-200 |
769 |
|
99 Jitney |
|
100 |
400 |
4.00 |
|
500 |
1,950 |
3.90 |
|
-400 |
1,550 |
|
56 Edward Jones |
|
0 |
|
|
3,000 |
12,150 |
4.05 |
|
-3,000 |
12,150 |
|
7 TD Sec |
|
4,000 |
15,955 |
3.99 |
|
13,800 |
55,110 |
3.99 |
|
-9,800 |
39,155 |
|
33 Canaccord |
|
0 |
|
|
24,667 |
97,047 |
3.93 |
|
-24,667 |
97,047 |
|
10 FirstEnergy |
|
0 |
|
|
25,000 |
100,000 |
4.00 |
|
-25,000 |
100,000 |
|
Total |
|
68,767 |
273,295 |
3.97 |
|
68,767 |
273,295 |
3.97 |
|
0 |
0 |