GREY:CVHIF - Post by User
Comment by
brentski99on Jun 08, 2020 6:50pm
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Post# 31126528
RE:RE:RE:Vcan is a cheap acquisition for a Canadian Co. looking south
RE:RE:RE:Vcan is a cheap acquisition for a Canadian Co. looking southTheProphetElijah wrote: but with the price this low if we got .20 on a buyout it would be pretty pathetic. Hope mgt isn't that silly.
Go into the market and buy control. 51% vote can get control. I own about 1% myself and get a few others voting against management and these guys are gone. The buying has been increasing for a little while now. Could a group be accumulating? Just enough buying and selling to accumulate and not let the price go up much.
!7,000,000 shares at an average price of say .15 is only about $180,000 USD. That is about half the float. That kind of control or even a lot less can control where is stock price is to be. It is called cornering the stock and with only 34 million o/s and priced at around 7 to 10 cents this is easy pickings for a trading group.