GREY:ALXDF - Post by User
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Shylockon Sep 27, 2017 11:36am
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Post# 26748195
RE:RE:RE:RE:RE:Fwiw.......
RE:RE:RE:RE:RE:Fwiw.......John Kaiser in 2015 on stock "rollbacks:" "John Kaiser, an independent mining analyst and editor of kaiserbottomfish.com, says consolidations are unpopular with minority shareholders because the stock usually drops sharply post-consolidation, especially in a weak resource market. Moreover, he points out, consolidations are often paired with a refinancing by investors close to the company, who are given a better equity position in the company at a more attractive price than what the original shareholders paid. Still further, the price level and smaller float will mean lower liquidity in the open market for meaningful positions to be established. "That is the natural recycling process in the public resource junior sector," Mr. Kaiser said." https://beta.theglobeandmail.com/globe-investor/investment-ideas/gold-lows-spark-stock-rollbacks-among-junior-miners/article25726161/?ref=https://www.theglobeandmail.com&