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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

TSX:LCS - Post Discussion

Brompton Lifeco Split Corp > Trading to the close
View:
Post by mouserman on May 01, 2023 7:03pm

Trading to the close

So was CIBC dumping 200 shares just before the bell.
Recent Trades - Last 10 of 155
Time ET Ex Price Change Volume Buyer Seller Markers
15:59:30 A 5.96 -0.11 200 79 CIBC 1 Anonymous K
15:55:08 T 6.01 -0.06 100 7 TD Sec 39 Merrill Lynch K
15:55:08 T 6.01 -0.06 100 1 Anonymous 39 Merrill Lynch K
15:54:23 X 6.01 -0.06 96 2 RBC 39 Merrill Lynch E
15:54:23 T 6.02 -0.05 400 124 Questrade 1 Anonymous K
15:54:23 T 6.02 -0.05 100 124 Questrade 7 TD Sec K
15:54:23 X 6.02 -0.05 100 124 Questrade 39 Merrill Lynch K
15:54:23 T 6.02 -0.05 400 124 Questrade 1 Anonymous K
15:54:23 T 6.02 -0.05 200 124 Questrade 5 Citadel K
15:54:23 U 6.02 -0.05 500 124 Questrade 1 Anonymous K
Comment by slst on May 01, 2023 10:54pm
I had a "low" bid in the Morning at 6/share and got filled at the end..... I keep reminding myself, that I am buying our Giant Canadian insurance companies at a discount. It is puzzling to me and means that investors do see something that I am missing.  Have my fingers crossed really tight.....that discount is worth the risk.
Comment by Experienced on May 02, 2023 9:23am
slst...Great question!  Before I bought I had the same question. Here is my thinking... The trading in split shares is primarily retail as opposed to institutional.  If the bulk of trading was institutional then for sure I would have to assume that I am missing something since they have more info than I have and more money at stake - with retail investors - eh... That said it does beg ...more  
Comment by JohnWalker on May 01, 2023 11:05pm
CIBC was the buyer ... it was Anonymous doing the dumping.
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