GREY:PGDIF - Post by User
Comment by
mill44on Mar 22, 2016 11:57am
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Post# 24688160
RE:RE:RE:700,000 NOW
RE:RE:RE:700,000 NOWIf you or Oiltar can do a napkin calculation and come up with numbers, why would you think that others would not do the same? Or you think that because those numbers will move from the napkin to the news it will shock the market? Lots and lots of shares were bought at 10c and even more at 21. Eventually it will come down to how much people will want for those.
Beside the cash flow, people will want some kind of assurance of no more fleecing before they get greedy again.
The other problem is that bids seem to follow the market direction lately (or just oil), and that does not make the future a lot rosier, either.