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Bullboard - Stock Discussion Forum TriOil Resources Ltd TRIAF

Energy Oil & Gas E&P

GREY:TRIAF - Post Discussion

TriOil Resources Ltd > Can this Polish company buy shares now on open market?
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Post by Sonofmshade on Sep 26, 2013 2:35pm

Can this Polish company buy shares now on open market?

Who would be buying the large volumns of shares these last few weeks?
Comment by shambano1 on Sep 26, 2013 5:12pm
I'm guessing the banks and brokers are buying TOl for the arbitrage, even if it's only 0.05 on an 2.80 investment is 1.79 % return if the take-under goes through. if there's a superior offer, they will make a killing. I doubt Polish company is buying shares but I think they can if they want to, but not 100% sure once a deal is announced? cheers and GLL
TriOil Resources Ltd
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