Tulsa-based Value Fund Advisors LLC has purchased 400,000 shares of Littlefield Corp. common stock for $1.19 a share.
Austin-based Littlefield, whose stock was trading at $1.09 per share at close on Wednesday, is a developer of bingo halls. According to the company’s website Littlefield is the largest owner of charitable bingo halls in the United States with a total of 30 bingo halls in Texas, South Carolina and Alabama.
Value Fund plans to purchase 100,000 additional shares of Littlefield stock in the open market over the next three months.
Value Fund Advisors LLC is headquartered at 415 South Boston Ave.