GREY:HRIVF - Post by User
Post by
metalmaniakon Oct 15, 2010 2:47am
772 Views
Post# 17567853
the 19 mil share trade
the 19 mil share tradeThese shares were bought at .80 from UFG Asset Management when the shares were trading at .80 by an intermediary. Then flipped to Severstal.
All large shareholders including myself were bid by this group from .80 to 1.00. Sprott was bid at 1.00 where he refused and said he would not sell till true value.
I am simply writing to state that the big guys wont sell so creeping takeover wont happen.
Once the roadshow for the IPO starts, every fund manager will understand how cheap HRG is and we will see 2.00.
Hold on, patience will be rewarded.