GREY:HRIVF - Post by User
Post by
james2001on Apr 01, 2011 6:07pm
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Post# 18375663
share price
share price
something tells me the share price will only rise in value if it in severstals best interest,reguardless of how
good the financials are.I believe that because the actual float is so small now that we will not attract any large
funds because it is too hard to get a large enough position as to make it worth their while.
This company has only released information that it must and at the last possible moment with absolutely no
promotion to keep the share price as low as possible.Because of this I still believe that they will try to get the 90%.
needed to force remaining minority to sell.
would be interesting to hear from the funds as to weather they have been approached to see if and at what price
they would sell.
severstal has sold off assets in recent months..maybe this enables them to put off the nord golp ipo indefinately or maybe even cancel it.
how long can this go on ? any thoughts?.....will hold til this plays out!