TSX:LSG.DB - Post by User
Comment by
eagle55on Feb 12, 2016 12:38pm
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Post# 24552940
RE:Sirius xm halted
RE:Sirius xm haltedAnd if Canada had a securities watchdog with competent staff like the SEC in the US, they would have the intellectual capacity to deal with what appears to be obviously going on here with LSG. For management to not only withold info on 144 from shareholders, but also tell the OSC that they are not aware of anything that is affecting the price and volume on Friday, then announce a both the 144 results and a low ball takeover bid on Monday is rather blatant. If the OSC can't figure it out perhaps their duties could be outsourced to the SEC so that our Canadian markets could gain some sense of trust that regulators aren't asleep at the wheel. All IMHO.