TSX:LSG.DB - Post by User
Post by
Trashenstein09on Feb 23, 2016 10:09am
302 Views
Post# 24585130
Clkear to me
Clkear to me
That LSG shares are moving in tandem with TAH; not on its own merit. What the market sees here is the immense benefit that LSG means to TAH shareholders. I think the most disappointing aspect of all this as a long time shareholder in LSG is not realizing the future potential of Lake shore.
Since the deal was announced, the shares have risen from $1.49 to $1.87. Finally some momentum. But it is disappointing to me that this crappy share exchange does not include a key NR that was made 45 minutes before the announced takeover. Our BOD may say otherwise. If the vote registers no, it will make for an interesting AGM. I have no confidence in this BOD
Either way this makes for an interesting few weeks to see what unfolds. Competiting bid or a sweetened offer from TAH to recognize the importance of all investors in LSG. Should they care? Not sure. After all its all about "pay me first and you next"
GLTA
Trash