Geodrill Limited GEODF

Who is selling?

[mirdad22]

Very little volume so not really concerned but puzzling why this stock is not much higher?

[microcaphobby]

The market is never efficient with small and microcaps. Even less efficient in this type of market. At least you get a divy while waiting for it to be bought out, taken private or discovered.

[DrewJackson]

I don't think they could find a buyer, so now they're pivoting to IFRS and attempting to list on OTCQX.

[FrozenInOntario]

You might have a point on the listing, they did mention in an interview a few months ago that an uplist in the States was not worth it. Layne is on the block since january/february and Granite has not find a buyer for them also.   While they do not provide a lot of information, interesting to see that it was profitable this quarter, more thant what they kept. The problem : who will buy

[DrewJackson]

I thought MDI might make an offer since they have $70M+ in cash and could probably finance the deal.