Longford Energy Inc V.LFD

Not Too Surprised

[EOIM]

I said it that the market was signalling a deal in the range of 20 to 25 cents and that seems to be what happened.

This is the best LFD shareholders can get.

[farml1234]

Eoim Are you serious , we get 10 cents and they keep the rest! A simple question for YOU , are you on the company payroll

[EOIM]

Current executives own less than 10% of LFD. As such, if Shareholders unite, they can kick term out and collect the full 23 cents payout. These CLOWNS want to keep almost half of the money.

[EOIM]

Fron recent SEDI filings, insiders of the company including management owns less than 10% of the company and as such shareholders have the power to FORCE them to liquidate LFD and hand over all the proceeds after liquidation to shareholders. If they can't drill a shallow well with reservoir target at 1600 m that had a discovery hole over the past 5 years, what else can you expect these

[justiceleague]

I agree that all 23c should be returned to shareholders!

[mdjbrown]

Farml1234, Longford is not winding up operations with the Chia sale and as a result will continue to operate under the Longford name.   By posting that you will only receive .10 cents for your shares out of this news is 100% wrong.   If you are a shareholder of Longford at the date the transaction is approved, you will recieve a .10 cent dividend from