TSX:LSG.DB - Post by User
Comment by
silver300on Feb 08, 2016 11:58am
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Post# 24535666
RE:The Large OWNERS...do they agree??
RE:The Large OWNERS...do they agree??
Large shareholders often have different needs such as a need for dividends or to lighten up on shares with a low share price or they get to buy into a private placement (with free warrants) offered by the suitor six months down the road that ordinary shareholders cannot participate in or a convertible debenture offer. Or just a good exit point for any of many unique reasons. Their approval does not equal 'good offer for ordinary shareholders'.