Post by
vincentmtl on Aug 17, 2016 1:50pm
I think IFC has sold out all their shares
Based on the volume traded, I think IFC has sold out all thier shares.
IFC didn't get a position of BOD becuase its representative Karin has left AUE. If IFC wants to keep one position, they need to hold 6.5% of AUE shares.
Right now, it is the good time to buy more shares? I think the possibility is above 70%. MNG holds shares and it costs around 6 cents per share. MNG thought AUE has good value at price of 6 cents per share.
For the share price itself, no one can buy at the lowest price, even for institutions.
Also, no one can exclude the AUE bankruptcy, even MNG Gold. But unlikely AUE could be bankrupted. Currently it is far from bankrupcy. Wait a couple of weeks, if we have good news, the situation will be much clear.
Comment by
vincentmtl on Aug 17, 2016 2:59pm
If I follow IFC investment, how much money I will lose? 90% of the investment. I really found that IFC (World Bank) has so much money, but my question is where this money from? And who is buying these shares? Small retail shareholders? No, I don't think so. Small shareholders don't have so much money. In AIM, more than 20 million shares have exchanged. It worth one million dollars.