Bonnett's Energy Corp T.BT

Great day for BT in a lousy market!

[hawkowl1]

Is it being snapped up by Clarke because its dirt cheap or are they like me speculating that the most logical thing for Bonnett to do to create shareholder value is to start re-distributing the wealth with a regular dividend.

Murray and Colleen Toews have the most to gain if such a decision is imminent.

They own almost 6 million shares of the company.

Possible something is happening behind the scenes with the recent appointment of Michael Rapps on the Board of Directors.

He has been involved in several mergers and acquisitions with Geosam Capital.

House Positions for BT from 20120601 to 20120601

Ex	House		Bought	$Value	Ave		Sold	$Value	Ave		Net	$Net
	80 National Bank		55,200	219,541	3.98		0				55,200	-219,541
	19 Desjardins		9,267	36,608	3.95		1,200	4,696	3.91		8,067	-31,912
	89 Raymond James		0				200	782	3.91		-200	782
	79 CIBC		200	791	3.96		400	1,560	3.90		-200	769
	99 Jitney		100	400	4.00		500	1,950	3.90		-400	1,550
	56 Edward Jones		0				3,000	12,150	4.05		-3,000	12,150
	7 TD Sec		4,000	15,955	3.99		13,800	55,110	3.99		-9,800	39,155
	33 Canaccord		0				24,667	97,047	3.93		-24,667	97,047
	10 FirstEnergy		0				25,000	100,000	4.00		-25,000	100,000
	Total		68,767	273,295	3.97		68,767	273,295	3.97		0	0

[bruleoil]

  hawkowl1   would you know who is selling under firts energy? BT is my biggest position, we share the same investment value! 

[hawkowl1]

No idea who is using First energy. Total trade volume today 71000 shares.   10,600 on tsx   400 on Alpha and 60,000 on Pure-P Today 60,000 share trade on Pure-P  exchange.  BONNETT'S ENERGY CORP. (BT) Listing Exchange: TSX   Quote: All data delayed 15 minutes   Bid Size Bid Price Ask Price Ask Size Last Price Tick