RE:RE:RE:RE:RE:RE:Gold - Manipulating and SuppressingHollingerB,
It would probably has something to do with ES, but keeping the SP from running away would be the objective of the share accumulators...and $0.09/s is conveniently low enough. If it became any lower, like 0.07 then other people, e.g. us retails, would back up the trucks to load them shares up.
ES would back up his truck too, since this would be an excellent opportunity to get his fill before hitting 9.99%OS (his 33.3Ms would represent 33.3/478 = 6.966%OS (Fact Sheet says 7%). So, he still has about 9.99 - 7 = 2.99% OS = 14.3Ms to buy from the market before hitting the limit as insider. As an insider, he may want to ask for a seat on the BoD.
He has 33.3Mwts @ 0.09 which he does not need to exercise right away, he could wait a few days before to the Special Meeting date of 24 July 2018 to do this. At this stage of the game, a few $Ms is not that important to him for the control of AZX destiny. For those interested in ES style, his keynote speech at Jekyll Island is shown in the link below.
https://www.youtube.com/watch?v=h8SGctygo_k
Apparently, ES and one of the AZX board member (Priya Patil) came from the same firm (Loewen, Ondaatje, McCutcheon). Don't know if there is any significance of this tidbit.
Just trying to connect the dots.
GH
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Hollingerboy wrote: Simply throwing this out for thoughts.....why have the MM gods decided that .09 is the number while this whole thing plays out? Why not .07....or .12 ?.....anything to do with ES warrants?.....as RE news gets leaked (not that it ever does lol)......how would you interpret a rise in price? Or conversely a drop?.....does a drop equate to poor results ? Or tree shakin?....GLTA....#AZX United. HB.