How about this scenario...House who follows PLI and understands the stock (liike Beacon Securities) accumulates PLI a few months / weeks back and holds. Now they sell to favored clients at a discount price to market. A win win for everone. House probably made some $ from their price point and fund who must buy before or at time of TSX listing gets the stock at a discount price. Customer is really happy and House has lots of business thus making $. Just a thought....