GREY:CNKEF - Post by User
Comment by
cochrane29on Dec 02, 2016 1:47pm
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Post# 25547629
RE:Suspicious Trades and Misleading Information on CKE
RE:Suspicious Trades and Misleading Information on CKEI am no basher posted here before and I am adding my perspective for why the share price has fallen in comparison to it's peers. I want this company to succeed. I also own the stock.
Illiquidity restrictions with the Securities exchange commission allow up to 15% allocation of illeguid securities. All I am pointing out is investors want liquid shares and there is a limit in mutual funds that allow that. There is a reason why selling before the spin off would take place if the investor or fund manager wants just the Chinook part of the spin off and not Craft that has no near plans to go public. I do believe my own opinion is the stock price has been held down becouse investors need clarification on the spin off and selling and re buying the New Chinook shares with the prestigious montney assets at a lower price only makes sense.