Lehman Brothers Financial SA (LEHNQ)

[real777mellon]

IBKR PRO showing me all the bid and asks. All are priced in CAD. I can list the asks for the first time since switching to IBKR Pro - they are not something folks want to offer cheap according to IBKR :)

LEHKQ 21.50 CAD x 100 ASK
LEHLQ 19.00 CAD x 100 ASK
LHHMQ 5.00 CAD x 10,100 ASK
LEHNQ 0.40 CAD x 2,500 ASK

Nice that the people aren't just firesaling. Must means folks value these shares much like us and like SoutheyCapital's quotes of the ECAPS I II and III when they were last quoted in 2022 with an ask in the 19-22 GBP range as people figured the distribution for ECAPS was going to be quite good thanks to 2023 court rulings and announced distributions to holders.

It's the first time I've seen a platform show the bid and ask since the OTC Markets Group Expert Market and CE taking out the bids, even when using Scotia iTrade or Questrade in Canada to get shares 2022-2023.

It's still quoted in CAD so I assume IBKR is getting these quotes from some Canadian brokerage where these bids/asks are being posted by people trying to buy cheat or sell for a higher ask.

Not sure what to make of it but nice to see $21.50 CAD as an ask for a LB's CT PFD share in May 2024. :P