OTCPK:KATFF - Post by User
Comment by
Lech1988on Jun 13, 2019 3:36pm
72 Views
Post# 29823711
RE:RE:RE:RE:RE:RE:RE:RE:debt for equity, dilution and reverse stocksplit
RE:RE:RE:RE:RE:RE:RE:RE:debt for equity, dilution and reverse stocksplitYes, tbh this is the most likely scenario. Also there is this sudden panic but the loans arent due for 2 years. I admit it’s very weird for Glencore to suddenly come up with this proposal so far ahead of the maturity.
Honestly we can speculate all we want on this board as to why suddenly the shares are tanking but no one knows. Panic selling and day traders can easily get the volumes to where we have seen them the past couple days and historically these notional volumes are still tiny compared to what we used to see. A 3-4 cent move is NOTHING, a year ago we were seeing 10x that in a day.