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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Post by PutzMcGeeon Jan 25, 2023 12:23pm
147 Views
Post# 35245442

Consider this

Consider thisIf I truly intended to sell shares in a stock with extremely low volume, one thing I would not do is send in a single limit order for an amount at least 6-7 times greater than the average daily volume when I can see that there is no volume. I also would not subsequently pull said limit order anytime there is any material news released and when recent volume is high.

Huge limit orders to sell on a stock as thinly-traded as this one only serves one purpose: disincentivize anyone to market buy. You can speculate as to why someone might want to do that, but indicating that this is not intended to put a cap on the share price is simply naive.
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