GREY:HRIVF - Post by User
Comment by
uncovereron Jun 17, 2009 11:36am
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Post# 16077595
RE: 39,000,000 bid at 21.5 cents
RE: 39,000,000 bid at 21.5 cents
This comprises 21 orders currently at 21.5c. My Broker is unable to detail the houses on the bid. At least he is unable to and indicates no-one can until the orders are filled. ??.
This profile tends to indicate a major challenge forthcoming and perhaps another white night offer possiblity.
Have a feeling Sprott may be instigator or is indirectly involved some way.Doubt Severstal would be a part but one never knows.If they sense impending failure of the initial offer, they may be trying to gather up as much ( reduce pool of nays) but if so they would be required to announce every 5% acquired.
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