GREY:WFEMF - Post by User
Comment by
cult_of_frankon Jan 27, 2015 10:26am
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Post# 23367312
RE:RE:playing devil's advocate
RE:RE:playing devil's advocateAgreed. 0.08 is a great deal for the shareholders of Almonty especially given the feasibility study. 30-day moving average is a joke at the volumes we were seeing, given historical pricing, intrinsic value, etc. Surely something like this has to go to a vote?? If, hypothetically, the mine NPV is around 30 cents/share, I would expect to trade it at a discount to that, not at less than 1/3 of that price just because it's "22.7% above the weighted moving average for the last relatively short and arbitrary period of time".