RE:RE:RE:LIX Takeover vote on February 6, 2018LongRoad wrote: You can find all the insider trades here.
https://www.sedi.ca/sedi/SVTReportsAccessController?menukey=15.03.00&locale=en_CA
Aberdeen's investment in LIX
Lithium X Energy Corp. 6,000,000 common shares
Cost $13,003,092 FV@10/17 $12,120,000
Are you sure these guys are long term holders? Say "no" to selling their shares?
As at April 30, 2017, the Company’s total investments decreased to $29,383,679 from $34,618,172 as at January 31, 2017. During the three months ended April 30, 2017, the Company’s shareholders’ equity decreased to $31,656,151 from $34,562,448 as at January 31, 2017. The decrease in the value of the Company’s investment portfolio and decrease in shareholders’ equity during 2018 was due to the net investment loss realized from the sale of Lithium X Energy Corp (“LIX”) common shares and expiration of Trigon Metals Inc. (“TM”) warrants, decreased share price of LIX common shares and African Thunder (“ATP”) common shares, operating, general and administration expenses, transaction costs offset by interest income and foreign exchange gain. The remaining portfolio investments increased slightly due to improvement in equity markets as it relates to the resource sector. F
This info is old. AAB bought back into Lix inna big way and DID own 6M shares ask of Dec 31, 2017. The effective date of the offer. They have since Sold half of that. Which tells us nothing ... Stan could be happy with the offer, rwady to vote yes and get 2.61 for the other half or ... he could be prepping to vote no ... and getting half hos eggs out of the Lix basket while the getting is good in anticipation of a pic drop in $ after a NO vote.