Post by
nofluff on Nov 07, 2023 11:10am
everything
down a bit today. Did some math to try and figure why pay 2 billion equiv. for flor. when they could likely have paid 2.00 cad for 100 million tko shares which would have given them 25% of everything.
One reason might b that the only way to make money on shares is to swing.
The deals just done start paying dividend quickly.
Happy guessing:))
nf
Comment by
JCSunsfan on Nov 08, 2023 9:17am
Of course. The deals done give those institutions a cash stream. That is based upon production and not the whim of the markets.
Comment by
cupricity on Nov 08, 2023 12:51pm
Buying shares drives this market up pretty fast.
Comment by
cupricity on Nov 08, 2023 12:54pm
The only rational reason to do it was everyone knows that the stock price is way too low, but they know if anyone tried to buy any the price will go way up. It's a Mexican stand off and the forest is dry and crackly waiting for lightning or a tossed cigarette. Been growing out and drying for years. It's only a matter of time.