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Bullboard - Stock Discussion Forum Pivot Technology Solutions Inc. T.PTG

"Pivot Technology Solutions Inc offers IT solutions to businesses, government, education, and healthcare organizations. It operates through the following segments: ACS, ARC, ProSys, Sigma, TeraMach, Shared services. The company derives the maximum revenue from the ProSys segment which sells storage, server, and IT infrastructure consulting solutions to enterprises. Geographically, it derives... see more

TSX:PTG - Post Discussion

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Post by risky on Sep 09, 2020 10:54am

re dividends

do we still get the dividend we were expecting ? It is due this month and soon.
Comment by Lawyerup on Sep 09, 2020 12:13pm
Still get this month's dividend.  I am not sure going forward but imagine PTG will still pay the dividends until this goes through.  I have been long on this stock but won't sell now.  There is still a chance that a higher offer will come up.  $2.60 to me is on the low ball side.  When I bought a couple years ago I figured PTG was undervalued and should be around ...more  
Comment by narmac on Sep 09, 2020 1:00pm
,,,,yes,,my suggestion is hang tight as well,,dont sell,,,,,,,2 million showing traded today already,,,average price is ruffly $2.56,,,,,that equates to the new share owners getting about $80,000 when all is said and done,,,,,,and there is plenty of time left in this day and the trading days ahead,,,,it would not surprice me to see a sweetened deal coming to fruition,,,,,,,,,,,not at all,,,,,,,,,, ...more  
Comment by Wisedreamer on Sep 09, 2020 2:05pm
Are their controlling shareholders? If they signed to go with this, then it will sell and another bidder might hesitate.  If not, its in play!
Comment by BadmintonBad on Sep 09, 2020 2:36pm
Insiders dont hold enough to force the takeover. It will be voted by retail. Im sure retail will be more than happy to take it regardless of the dividiends. Will have to wait and see. I would vote for higher offering if it was an option.
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