GREY:SOGFF - Post by User
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CapeBretonon Jan 31, 2014 11:51am
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Post# 22158422
34 + 16 = 50
34 + 16 = 50
So if Claagus owns 34% currently, he only needs 16% more, which would be around 42 million shares, which would be around $19 million at todays prices. If you ever watch Dragons Den one thing that is consistent is the desire for each Dragon to have "control". They often will only make a deal if it is for 50% $19 million more for Claugus (a billionaire), isnt that much and I am not unconvinced his large purchase recently isnt part of a plan to get a controlling majority.
I agree we have seen bottom, but the bounce hasnt been very high, not a lot of air in the ball, hope they bring us some good news before the end of March, we need some catalyst.