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Royal Nickel Corp. RNKLF

Metals & Mining Industrial Metals & Minerals


GREY:RNKLF - Post by User

Royal Nickel Corp. > so can someone shed some light as to what is going on
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Comment by Katanga68on Sep 20, 2018 4:51pm
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Post# 28659245

RE:RE:RE:so can someone shed some light as to what is going on

RE:RE:RE:so can someone shed some light as to what is going onCIBC was selling all day. Largest seller by far with over 8,700,000 shares sold. This kept the sp down to .425.
My guess is that they have maxed out their portfolio percentage for any one stock so were forced to sell stock today to exercise lower priced warrants. This way they stay maxed out on the number of shares they own but booked a profit from selling shares at a higher price then they paid for the  warrants that replaced them.Only a guess!
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