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Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan... see more

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Banca I.F.I.S Spa > Holy Cow

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Post by Goldfather on Aug 28, 2017 9:56am

Holy Cow

looks like lots of shareholders were really po'd at the Halt for over 2 months.... just wanted out of both, and dont have much confidence in both co's.... i didnt think there would be this mcuh volume , over 1 mil here, and over 2 mil at FC.... WOW !.... hopefully weak hands all week, then FC can manipulate it back up like they did last time....... we'll see. GEEZ !

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Comment by Goldfather on Aug 28, 2017 10:58am

any silver lining here ?.... over 5 mil shares traded so far on both Co's...... isnt that a lot ? Proves lotta people wastching this deal.... agree ?

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Comment by NervousWrench on Aug 28, 2017 11:04am

Oh yeah, I just bought back in this morning. My short term memory vaguely recalls that we get 1 FCC share for every 3 CSK, maybe it was 2.5. Anyway cobalt is higher then it was when this whole deal started. I also forget when the transaction takes place.

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