GREY:FGBDF - Post by User
Comment by
Super1nvestoron Jan 26, 2017 5:30pm
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Post# 25761044
RE:THE MARKET IS NOT REFLECTING AN ACCURATE
RE:THE MARKET IS NOT REFLECTING AN ACCURATEBanx, with all due respect, the "legacy selling" is overrated ...if this was to be valued (or should be valued) at .75 or higher right now, then those legacy peeps would not be selling at these levels..they'd hold off and sell at .75 or higher if the value is pegged there...the market is dictating the value..not legacy sellers. What's so special about the .30 cent level...why do legacy sellers need to sell at this level when they "know" the company is worth so much more? Zero sense.
banx wrote: Depiction of FGD in the share price.
This should be at 75 cents minimum given the sum of the parts including the highly valuable news pipeline.
Granted there was a lot of legacy selling but i believe we are through the worst.