RE:RE:RE:Reverse stock split?the "problem" with Almonty is that most stockholders simply know what this will be worth and are not selling the stock. on one side it's a curse, but on the other it reflects the strong fundamentals of the company.
i have never seen this so extrem as here. nobody wants to part with their shares at these prices; hence the low volume
just look at the asx ipo; it appears we have the same thing there. only very few to virtually none are selling at these prices. i mean why should they? they know the story very well and know that in a short period this will be a huge cash machine or bought by a major tungsten manufacturer.
the only way i see the volume picking up on a long term is after significant share price increase above 1.20-1.40 CAD
also agree that a reverse splitt is simply not the right approach.
there are enough shares, it's just nobody wants to trade theirs LOL