Post by
taal on Apr 08, 2021 1:20pm
Re fronterra
Drilling company holds roughly 15 million shares ..They have No choice like most of us long term shareholders as far as selling goes ..There is No liquidity in this stock ..You can't really buy a large position and you can't sell a large position...you would get crushed with the price..For the last 3 days I've been trying to buy several thousands of shares just to test the mm...always going in one cent higher than the original bid ...they've given me 500 shares ...thats after 3 days...As far as Fronterra buying out cgx ...I suspect if they were interested in that scenario it would have happened before the resource estimate....and when the price was much lower...but there is no if and or but this share price is being controlled...most likely for more options to be administered... We are still very early for share price to move....too far away from Drilling....but it Is Coming.....
Comment by
westcanpride on Apr 08, 2021 3:48pm
"Frankly, Suresh should be given a hammer, saw and some lumber to start construction of the Port" hahaha... that actually made me laugh. Goodness, we already have enough challenges with getting stuff done... don't need him going out there and messing up basic building designs either lol. Now if it comes to airport kiosks.... then we have the man for the job!