GREY:NEVDQ - Post by User
Comment by
thomsonion Feb 12, 2014 2:34pm
178 Views
Post# 22201284
RE:RE:TECK or LUNDIN
RE:RE:TECK or LUNDIN Material Girl I too was somewhat curious as to Pala's average cost per share and went to sedi.ca for the information. They had no cost reported for their opening position 0f 5,399,050 shares in 2010...but I assume its around 3 bucks or so..????? Since 2010 till Dec 2013, they have bought 34,890,091 shares at an average cost of $2.92 for a total investment of $101,809,877.32, which does not include their initial 5,399050 share position. So I think $ 2.95 would be a reasonable guesstimate as to Pala's NCU cost basis. I would agree that there is no chance Pala would sell for 3 bucks a share for a nickel or so profit...