reverse take over (rto) news May 19:PetroKamchatka to remain halted
2011-05-19 17:11 ET - Halt Trading
Further to the TSX Venture Exchange bulletin dated May 18, 2011, effective at 6:01 a.m. PST, May 19, 2011, trading in the shares of PetroKamchatka PLC will remain halted pending receipt and review of acceptable documentation regarding the change of business and/or reverse takeover pursuant to Listings Policy 5.2.
Does any shareholder here know how big the control block is?
I'm wondering how tightly held the stock is, If it's extra tight we could see a good bounce once the plans and details are revealed.
bh