OTCPK:NNDIF - Post by User
Comment by
Northforce13on Aug 18, 2020 4:32pm
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Post# 31424954
RE:RE:RE:Volume Today
RE:RE:RE:Volume TodayLooks like it... I think Bloom is gone, they had a bit more than 5%. That's good because they were a bahh bahh sheep investor, going along with management.
That leaves just one large >5%, Extract capital, who has thus far done nothing to try to change the way the company is run.
Extract might also be a sheep investor and if so everyone will keep getting fleeced until they do something or they sell out and we get a large activist investor involved.
It has come to be clear to me over the years that Glencore is milking all the profits out of this company.
An investor holding 5% could change all this by using their power to force a vote. I.E., if they forced a vote to have the company sell the plant, the share price would instantly rocket up wards.
We need a George Armoyan or something. Then again, even if a big fellow comes along to bring about change, he can't do so if Extract is sitting there voting along with management to continue the fleecing.
Interesting.