RE:Once the 'overhang' is cleaned up the stock will movescorpio40 wrote:
Seems certain parties take pleasure in down ticking the stock or having it close flat even when there is news, however important fact, they can't sell more than they own :). The funny part about it is that they 'think' they are hurting the company when in reality they are hurting themselves, go figure, kinda like cutting off your nose to spite your face.
scorp
I believe the overhang is over now.... the 8 million shares owned by a certain group has now been removed by morningstar as well their name leaving 2 groups on the list...suggesting they have sold their position off now ! ( Glad that's done )
Equity Ownership
ADK
| Name | | Shares | Change | % Total
Shares Held | % Total
Assets | | Date |
| |
| Dundee Corporation & Dundee Resources | | 18,487,764 | 2,500,000 | 12.39 | 0 | | 23/06/2017 |
| |
| Principal Vermgensverwaltung AG | | 600,000 | 0 | 0.34 | 0.56 | | 30/09/2017 |
| |
| Total: Top 2 institutions | | 19,087,764 | 2,500,000 | 12.73 |