Post by
15Stanmore on Dec 23, 2020 11:11am
TMAC Trading
So about 4 million shares changed hands yesterday at an average weighted price of $1.16, with the low at $1.05 and the high 1t $1.32.
So far today just under 500,000 shares at a weighted average price of $1.27, currently bid/ask at $1.34/$1.35.
For those investors who bailed out at under $1.10 yesterday, too bad so sad, and for thse who bought in under $1.10 yesterday, it must be really nice sitting on your one day 20% plus return - good for having the conviction to see the true value in this opportunity.
I wonder how long management will wait before announcing the good news of Plan B. Clearly a good number of investors are buying in ahead of whatever the announcement might be, IMHO.
Comment by
bukobucks on Dec 23, 2020 11:32am
Even in a lower gold price environment, a shrewd offer of $1.75 was on the table. That should be the floor, they have worked through some operational issues since then. Under a normal environment, this is a 4-500 million market cap company. My opinion only. Buko
Comment by
NiN777 on Dec 24, 2020 11:29am
I backed up the truck st 1.10$ Thank god I was sitting on my couch when my bro told me to look up the strong bids the next two days. I rebalanced my portfolio with some other stocks just for the sake of rebalancibf because I had so heavily shifted on TMR on that shandong news dump. Nothing says Shandong doesnt dump morr and crater the shares again.