RE:RE:RE:RE:RE:RE:RE:RE:RE:Renafade was a TOP SPROTT PICK Why would a competitor want to pay $ 1.50/ - $ 180 per share, a fair value, when the stock can be knocked down to ..80 / .85 per share. This process looks methodical and deliberate.. Does this look like “F….D”.and a dirty deal. YES, IT DOES. gregory
The problem with attempting to pick up RPL by manipulating the SP is that cash flow is $.51/share on a share price of ~ $1, the dividend payout ratio is ~ 36%, the lenders renewed the credit line, the company is not in contravention of its lending covenants and production increasing.
Pretty hard to get shareholders to agree to give away a solvent company.