Banca I.F.I.S Spa BNCIF

Financial Services Banks - Global

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The gro

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Banca I.F.I.S Spa > The Long Halt

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Comment by Nomaadicon Jun 27, 2017 1:07pm

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Post# 26409415

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The Long Halt

I don't reall reallise that I "may not" be able to get .14 for my shares however what I do know as a matter of fact is that I am in the green right now and can sell for a profit IF I have doubts about this merger.

My point was that margining down at .11 probably was the best thing to do in this situation if one was able to. Otherwise you;re left speculating with your money all tied up :)

There is no IF's about cobalt demand in the near and long term. Spot price has been contiously reaching new hights and we haven't even seen the really boom yet. SOOO long term there isn't really any other Ethical" cobalt play on the canadian exchange that can compete with FCC.

Bruce isn't an idiot and they had solid grounds for the lawsuit so if he sold at this level there is a reason. It does suck in the short term but that;'s how it goes sometimes as you must know being an investor. I definately would have preferred .28-.30 in which case I'd just sell for a 100% profit but that's how the cookie crumbles. Hopefully it all works out for our best interest.

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