Bullboard - Stock Discussion Forum Dominion Lending Centres Inc T.DLCG

Alternate Symbol(s): BRLGF

Dominion Lending Centres Inc. (DLCG) is a Canadian mortgage brokerage and data connectivity provider with operations across Canada. DLCG operates through Dominion Lending Centres Inc. and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc. and Newton Connectivity Systems Inc (Newton). The Company's network includes approximately 8,000 agents and 520... see more

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Dominion Lending Centres Inc > Market Movers

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Post by retiredcf on Nov 29, 2021 10:04am

Market Movers

On The Rise

Dominion Lending Centres Inc. soared after it announced its plans for a substantial issuer bid that would cancel up to 3 million shares for $3.75 each. The shares closed at $3.35 on Friday.

The company said its board believes that the recent trading price of the shares “is not fully reflective of their intrinsic value” based on the value of the company’s assets and “its business and future prospects.”

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