RE: go figure??????????????????A few things that escaped Mr.Kerber's factiual DD of today:
1) I wonder why URSA's new purchase of PAT shares is as of yet not shown on SEDI, as it should be.
2) From URSA's NR of today we learn that they aquired those additional PAT shares in early August.
This coincides nicely with the time when they started to completely destroy PAT's share price via URSA's buying at ever-decreasing ask prices. Somebody got an interest in both controlling as many PAT shares as possible and at the same time achieving an extremely low SP on the exchange?
3) Note that in their dealings with those "five vendors", URSA used a 20-day average trading price as reference.
I knew these types are a bunch of XXXX. But I didn't know they'd be so brutal.
Check for yourself where PAT's 20-day average currently stands.
4) Amongst al the excitement, RIC seems rather unperturbed. At $2,55, their SP has gone up 7,6% today and no less than 35% since their low last Friday, all on very little volume. RIC/PAT SP ratio has reached a staggering 15:1.
Go figure indeed.
Methinks I haven't been so wrong in my earlier predictions of what was going to unfold here.
Any small PAT shareholder selling at the current unreal low prices must be out of his mind.
Somebody wants your shares people !!!