GREY:LACHF - Post by User
Comment by
lhornson Feb 08, 2011 9:20am
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Post# 18092761
RE: RE: Still very cheap
RE: RE: Still very cheapI think they are cheap because of their tight share structure.I use to think having Areva was a benefit but it doesn't seem to have helped us.Them owning 90 mil shares only leaves a float of about 54 mil.Tough for institutions to accumulate large positions without driving up the share price.It is rare that we trade over 1 mil shares a day 300,000 to 500,000 is a big day.