Post by
Dale327845 on Apr 05, 2023 10:46am
New theory
Ok, I am going to try and come up with a new theory that might explain K92's abnormal share price action, every day. A new theory every day, but also , yes, K92 has been abnormal every day since March 27. Until then K92 share price was tracking gold price and GDXj price as it usually does. But then it uncoupled, and even as gold surged, and GDXj went up , K92 share price has floundered. So what happened on March 27? Well, that was the day Tookie Angus, the Chairman of K92 died. Coincidence? Perhaps, even probably. I don't know much about Tookie but it doesn't seem a chairman would have that much impact on a company, not in the short term anyway. But he would have had mega shares in K92, so are they being cashed out, and quicky? Doesn't seem his estate could do that so quickly, but perhaps with trusts and so on they could. Just today's theory.
Comment by
ElJ on Apr 05, 2023 6:05pm
With deep respect, I would not "blame" anything on Tookie, Peace, ElJ