GREY:HRIVF - Post by User
Comment by
bart_dcon Aug 13, 2010 9:44am
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Post# 17347969
RE: RE: RE: RE: Update on HRG from a "friend"
RE: RE: RE: RE: Update on HRG from a "friend"I live next to Germany so I am allowed to use Stahl (steel in German)
you read both versions on the net.
I agree with your post and wouldn't mind either scenario.
Although I think they are not smart because of the window of opportunity which is closing.
Once they IPO they loose 20-25% of their holdings at these low levels.
One way or another, share price needs to appreciate BEFORE IPO!
If it's afterwards I would'nt mind but they would have been stupid because they would have sold during IPO part of their holdings cheap. Wouldn't make sense.
I think we will see an explosive appreciation once Severstal has enough shares and IPO is around the corner.
+50% in a month would be no problem, imo.