TSXV:AAA.P - Post by User
Comment by
skip_rickon Oct 12, 2010 3:49pm
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Post# 17555175
RE: Embeded or in Bed (AdamJT)
RE: Embeded or in Bed (AdamJT)Food for thought - what's to prevent BHP (or any other) from open-market acquisitions?
I'm stymied at the sp range Allana has been in the last while.
This is a Venture spec & with the focus on the potash sector & the ongoing developments with Allana why hasn't a major just picked up all the loose? stock?
Hype is one thing but, realistically, the potential for a sizeable find (@ 42c/share) is strange.
The day/swing traders are one thing but with volumes 1- 2 mm/day & hardly a sp change is truly surprising.
Could a financing be in the works (rights offering) - for the property next door? Maintaining a sp range seems to indicate this.
Brokers - Anonymous, Wellington, Dundee & Jitney could be representing a major buying Allana stock.
I dunno - anyone?
Skipper