Longford Energy Inc V.LFD

Big block... ???

[Bpultra]

0.11	6,000	TSXV	10:00:32	Close TD Securities Inc. P.O. Box 1, TD Tower 12th Floor, 66 Wellington Street West Toronto, ON M5K 1A2 [phone] 007	Close Scotia Capital Inc. P.O. Box 4085, Station A Scotia Plaza 40 King Street West Toronto, ON M5W 2X6 [phone] 085
e	0.11	480	TSXV	09:50:49	Close TD Securities Inc. P.O. Box 1, TD Tower 12th Floor, 66 Wellington Street West Toronto, ON M5K 1A2 [phone] 007	Close TD Securities Inc. P.O. Box 1, TD Tower 12th Floor, 66 Wellington Street West Toronto, ON M5K 1A2 [phone] 007
	0.11	13,875,000	TSXV	09:50:49	Close TD Securities Inc. P.O. Box 1, TD Tower 12th Floor, 66 Wellington Street West Toronto, ON M5K 1A2 [phone] 007	Close TD Securities Inc. P.O. Box 1, TD Tower 12th Floor, 66 Wellington Street West Toronto, ON M5K 1A2 [phone] 007

[flinger321]

I saw that as well, but nothing since?

[dreamer05]

This looks like a cross trade between 2 trading houses.  13 millios shares changed hands. They must know something we don't now. Hopefully it is a good sign.  I still hoe  for the dividend 10 c pay out to shareholders.Forget thos unknown future projects. By the time you know it all the money are gone, to the stomachs of those directors.

[fritz3]

Dividend of 10 cents won't happen. What should they do with the remaining money? 'Those directors' own a huge part of the company. They would digest themselves if they took all the money. They will announce a deal or a merger soon or the whole company will be dissolved. I would bet on the deal/merger solution.

[bobsmith1]

Block of that size usually means a deal is coming so insiders are positioning themselves. Has anyone calculated the cash breakup value as yet ?