AS it states: "Under the Merger Implementation Agreement signed today, LGL retains the ability to continue existing discussions with third parties until 8 June in connection with any competing control transaction for LGL........"
This agreement with NCM can be viewed as a smart move by LGL management to flush out a competing offer within a short period of time. The chances of another party being interested is high.....let 's get all the cards on the table.
Whilst the POG is climbing we should have some underpinning of the shareprice despite what happened to the goldies today. Personally, I will hold for a little longer
LGL Price at posting:
$3.79 Sentiment: Hold Disclosure: Held
