Verde Agritech Ltd T.NPK

Awesome news

[rodrabal]

Boy that was scary. I never seen that before. Everybody take a deep breath. This was awesome news. Why are you people selling your shares. Crazy

[GeneralAladeen]

Nobody said the big boys don't play dirty. Gotta loosen up some shares for TSX small cap funds to load up on. Bull flag forming with a breakout taking us to a measured move to around $9.90!! Let's go! 

[rodrabal]

Sounds about right. An analyst had a fair value put on npk for just under 12 dollars last week. Don’t understand why people would be selling there shares at this low price. Selling there selves short. And pretty hard to get back in with such a low float. 

[rodrabal]

They are also awaiting a permit for an additional 2.5 million tons according to the news report. All good going forward

[ICT1111]

This business is taking shape..... but there was no need for a trading halt for that piece of news. It gave the market the opportunity to mess with the share price and the share holders emotions..... we don't need that..... If we had an Institutional Investor on board they would be horrified that their clients could see that share action (even if it was pre-market) ......if that was the CFO

[ICT1111]

I am not surprised that we didn't see gains yesterday. Most people were completely spooked by seeing 65c quotes for what they thought were $5 stocks. Instead of the market celebrating the mining permit as a significant de-risk it was left relieved that value had been maintained..... in my opinion a straight RNS would have sent this way above $6

[sparkdog]

RNS? Curious mind wants to know...lol

[Janota59]

Well I enjoyed yesterday very much indeed. If you don't know what happened, then beware, it could happen again? Good Luck

[ICT1111]

Regulatory News Service..... in the UK all significant positive or negative news must be released outside market hours in an RNS. I guess the Canadian equivalent is Sedar

[sparkdog]

Thanks!

[Janota59]

RNS/IIROC. The mining permit was granted some time ago but in Brazil it needs to be gazetted in the DOU to make it official. It was gazetted yesterday. The DOU is digitally issued circa 05:00am GMT, 02:00am Rio/Belo time or midnight Toronto/ETZ. Verde would have been aware the mining permit was imminent and should have pre-prepared an approved news release that only required a date change before

[ICT1111]

Thanks for keeping us in good order Janota!!!

[PedroPistacio]

I agree with you Rod. However after this morning's little fright, maybe some people who have done very well over the last few months are being conservative and taking a bit off the table. And whilst today's news is another big step forward for Verde, maybe it's a case for some of "better to travel than arrive". Personally I'm still happy playing the long game.