RE:RE:fewer people have a brain on this board Let's say you wanted to buy 10,000,000 shares today (or 12.5% of the company).
Do you think you could buy them for $2.25 CDN? No.
$2.25 is the day trader's price. Big boys are smarter than that.
If we were talking about 100,000 shares, I'd agree with you. You could buy 100k shares at under $2.50 over a few days. But we're not. If you want to buy the whole company or at least a sizeable controlling interest, you aren't paying $2-$3.
Oh... and BTW.... Baillie has been increasing their position. Their initial 10M shares is now up to 15M and they control 17.65% of the company.
Point is/was that BG isn't selling for $5. Not with the information we have today anyway.
If you feel bad you bought at over today's price, well, I guess that's your problem. Should have bought earlier. (or later).
If you want to invest in a company with more liquidity, try banks or utilities.