Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum KGIC Inc LGLTF

"KGIC Inc is an educational organization based in Canada. The company owns and operates private English as a second language school, career colleges and community colleges in Toronto, Vancouver, and Victoria."

GREY:LGLTF - Post Discussion

KGIC Inc > Common shares in deal
View:
Post by wpgweatherman on Nov 24, 2014 10:55am

Common shares in deal

Are they diluting us with  more common shares? The deal calls for common shares. Although there is a lot of buying today, there is a lot of selling too.
I am hoping its profit taking and I am not missing something.
Comment by alister33 on Nov 24, 2014 11:07am
Not a lot of selling, it looks like Beacon, Haywood and Paradigm are trading unusally. Beacon bought 850k but sold 800k gain 50k Haywood bought 300k sold 250 k gain 50k Paradigm bought 1,022500 mil sold 722,500 gain 250k a lot of Institutional buying ? 2.172,500 bought to gain 350k House Positions for C:LOY from 20141124 to 20141124 House Bought ...more  
Comment by wpgweatherman on Nov 24, 2014 11:10am
Wow.. I guess we will see where we close. This is great news and I am hoping the PR machine starts soon.
Comment by ROIcrusader on Nov 24, 2014 1:28pm
For every buy, there is a sell, so what you are saying is: there's a lot of volume today. A spike in volume would be typical after a news event such as an aquisition. Yes, the share base is being diluted by 5.3m shares, however, said dilution by % is only 3.58%. So I wouldn't view the dilution as significant. Loyalist will pay $8.1 million for Uhak, of which $5.3 million will be ...more