GREY:WFEMF - Post by User
Post by
GaiusGermanicuson Feb 13, 2015 5:00pm
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Post# 23428985
One encouraging thing
One encouraging thingI'm not seeing ANY real selling. On the up hand its good, because it means folks on being tight fisted, and on the other its bad, as I'm trying to accumulate as much as possible . . . I got a measily 5k fill off a 25k order today . . . which was a start, I admit, but I don't think the WFEMF symbol is going to go under .05US if only because I'll buy every share I can get my hands on at that price, and quite a few at 10% more than that before I stop. More likely the merger will occur before I run out of open orders or manage to "get my fill" so to speak.
Having .1% of the joined Almonty/Woulfe conglomerate is even better than having .1% of Woulfe . . . glad I paddded my account against future dilution when I was creating the position, as this is going to have almost an identical effect to the dilution I anticipated. 50%, which is why I'm holding right around .2% of Woulfe's outstanding shares.
And I'm MORE than happy that it appears all those warrants are going to expire unexercised. Though I suspect they'll make a deal to adjust the strikes by the share multiplier so that Dundee doesn't totally lose out on their "special" shares.