Bullboard - Stock Discussion Forum Brompton Lifeco Split Corp T.LCS

Alternate Symbol(s): T.LCS.PR.A

The Funds investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions in the amount of 0.15625 per share and to return the original issue price of 10.00 per Preferred share to Preferred shareholders at maturity; and to provide holders of Class A shares with regular monthly cash distributions, targeted to be 0.075 per share... see more

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TSX:LCS - Post Discussion

Brompton Lifeco Split Corp > LCS closed with 17 cent gain?

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Post by Kadiddelhopper on Mar 14, 2023 4:29pm

LCS closed with 17 cent gain?

on 13th LCS closed @ $5.21 and today closed @ $5.27, making for a 6 cent gain... Will take it, but do wish indeed it was a 17 cent gain. .....wonder who had the big lot up on the ASK for the last hour or so ?. ..a twitchy Nellie I presume!

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Comment by EdPaquette on Mar 14, 2023 5:09pm

I am the twitchy Nellie. I put 92,000 shares for sale at $5.35 and other sellers were getting below me so I moved the price up and down. Bought them cheaper yesterday.

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Comment by Eoj123 on Mar 14, 2023 5:14pm

Come'on man..... it's too early in the day for story time

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Comment by Eoj123 on Mar 14, 2023 5:16pm

MM is refering to the Unit NAV not the common's share price

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Comment by EdPaquette on Mar 14, 2023 6:54pm

Only 20,000 went, so I still have 72,000 shares that I'll hold until $6.25

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Comment by Kadiddelhopper on Mar 14, 2023 7:29pm

Ed... I too am waiting for the low 6's, but wondering how long that recovery might take, considering the scale of this recent rout.... could take awhile.....The Div helps with the wait, though utilizing the capital elsewhere may be too tempting..

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