GREY:CRIUF - Post by User
Comment by
deisman03on Mar 09, 2018 3:06pm
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Post# 27693567
RE:RE:RE:not much movement either way
RE:RE:RE:not much movement either way Sukhi19 wrote: deisman,
The loan to UK company is worth 3.5 million USD. Calling such a small amount "stashing" may be a bit harsh. JE is also operating in UK and is moving to Japan.
Results are positive especially pay out ratio. So far market seems to like it. NCIB may help the unit price further.
I don't think it is the right time and price to sell.
Sukhi, I'm not planning on selling.
However, it is the "SMALL" amount of CASH that WORRIES me. It's just small enough to fall under any radar but still enough to allow a few individuals to live very well, should they feel a NEED to move in a hurry. I'm not saying this is what's happening but to me it's suspicious. As for following JE's example, that just rubs the wrong way.
The market is OK with it. IF they LIKED it the price would have spiked up instead of making a small blip. Still, it takes a few days for the analysts to check over what their robo partners feed them. End of the month will tell the tale.