GREY:HRIVF - Post by User
Post by
Power1on Nov 08, 2008 9:45am
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Post# 15574033
Morgan
MorganAs far as I can tell with yesterdays purchases, Morgan has now accumulated 31.5 million shares or 10.2% of issued and outstanding. So what;s the number on buy out, .25? and who's the buyer?
Can't see a strategic investment coming out of this but we could always pray. ITG did a nice job keeping the price down and in check IMO. Maybe Africa sold off and we endure as a pure russian play
Maybe I'll through another 5k at this on monday. 100,000 shares for 5 grande...all I can say is wow!
Who knows, maybe the P.R coming isn;t one we want to see....i.e appointment of a receiver. Merril and Dundee sure were quick on the exit Friday