OTCQX:GTBAF - Post by User
Comment by
Goaweighon Feb 05, 2021 5:57pm
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Post# 32490733
RE:RE:RE:RE:RE:RE:RE:RE:Why keep the price down ?
RE:RE:RE:RE:RE:RE:RE:RE:Why keep the price down ?It's a $ 70 Million issue which is significant and the fact that it isn't a particularly fast closing suggests that it isn't just 4 or 5 Institutions but also has retail component and many of those will be current shareholders who are selling to cycle back into the offer to take advantage of the tax benefit.
There's absolutely nothing odd about that and as a result I doubt we'll see any increase in price until the deal closes and we can start the news flowing again.
Another 2 weeks unless they close early which doesn't happen very often.
sonofab wrote: The trades are so obvious as you say someone or group is manipulating the price down. I think so that the buyers can scoop up some shares. Too obvious.