OTCPK:APHWF - Post by User
Comment by
gary7789on Mar 18, 2021 8:13am
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Post# 32824197
RE:RE:RE:Thoughts?
RE:RE:RE:Thoughts?I was also thinking that patience is going to be required because this stock is so thinly traded. Most shareholders are long term and very very few are trading it. On days where there is no news, we see less than 100,000 shares traded. Out of 73 million! Thats almost no churn at all. Those that are trading it are micro traders. There were also millions of Acasta shares still held by people who has stock since Acasta bought Stellwagen, Apollo and Jempak on or around January 1, 2017. Its possible that some of those people are slowly shedding shares and they have to do it slowly since the stock is so thinly traded. It could be that for step change jumps to happen, things will have to wait for M&A transactions or major new initiatives for new products, new geography, new infrastructure (eg. plants), new customer channels, etc.