GREY:SMBZF - Post by User
Comment by
HeyIrishon Dec 19, 2013 10:08am
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Post# 22022081
RE:RE:3 Strikes
RE:RE:3 StrikesI’m watching the Bids and Asks and the only conclusion that I can come to is that the market is expecting good news. I would expect the supplier(s) that got paid with shares to try and realize the six cents per share evaluation that they were given. That should mean 1.8 million shares should be offered up for at least six cents. I wonder when this deal went through.
I thought that with two days of bad news we'd see a drop in sp, but, so far we have support at five cents. (currently 641,000 shares). Who knows maybe good news soon?
P.S. Roshene company had no control over what took place in Liberia.