GREY:WFEMF - Post by User
Post by
ark88on Oct 30, 2013 1:25pm
245 Views
Post# 21862381
SP
SPInteresting seeing the SP "stuck" at $0.125-0.13 post NR with Anon throwing up 40-50k bids @$0.125 everytime someone pushes the sell button.
With Dundee at the helm of this company now, these guys would know as well as the next broker how the markets work.
I'm sure most out there, myself included, expected the SP to drop lower after the news from left field when the markets were perhaps anticipating news related to the deal with IMC. With Dundee in charge, they knew not to forecast/hint at a change in plan that would included more financing. If they had, we may have suffered greatly with vultures smelling financing to come shorting/hammering the SP. Well, so far, we have Dundee to thank.for their management of this uncertainty. Let's see how well they do going forward. Is this SP trading range a hint to the to the terms of the financing to come? Just maybe.