RE:RE:RE:RE:RE:RE:RE:Sonoro ShareholdersGeorgiaStreetE wrote:
That's an awfully big sell today. Is that someone here exiting?
there are alot of opportunities out there right now that can return a double easily when the virus is over (i.e. air canada or gold stocks).
For SNV, even during good times, they are not giving out information to shareholder.... therefore, it makes perfect sense to sell SNV to invest elsewhere and return to the stock when other investments doubled. you know.. to recoup the losses from the management.
On the side note.. what happens after year 1 and the partnership requires SNV to pay 25% of year two's $5MM USD committment? (hypothetical question) .. if SNV is 25%.. they have to find 1.25MM USD.. if they are at 49%.. they have to fork out <$2.5MM USD.
so I would say it makes sense to sell.