Post by
fisherman8 on Aug 30, 2012 9:03am
Stupid thought, but is it?
Recently there was brokerages holding GWY share price down. Most of us thought it was related to Batista. But was it? Would GWY have an interest in keeping share price down during their land acquistion negotiations? Just a thought....
Comment by
Dansul on Aug 30, 2012 9:13am
It is not stupid at all, it could be, however GWY will be fair enough to pay 7.8M share with whatever the price for it. That assure they are getting high percantage of the total company shares. I believe paying about 6% of company shares + cash to the owners for the 20% land, this is high percentage. So they are very fair with them
Comment by
SchiffKnowsBest on Aug 30, 2012 9:43am
Are you serious Fisherman? You are suggesting Galway hired someone to keep their own share price down? At least you labelled your post truthfully.
Comment by
fisherman8 on Aug 30, 2012 10:22am
Schiff; GWY increased their land position very significantly at a bargain price. Do you think GWY would have got those land concessions at "bargain prices" if they had a much higher market cap? Remember they have other land concessions they are still negotiating for. Not saying this is happening, just a thought.
Comment by
SchiffKnowsBest on Aug 30, 2012 10:24am
Sorry Fisherman, I didn't see where it said the vendors were paid based on market cap of the company. Can you point me in the direction on where it says that? Blatently obvious who is capping it.....And she sure isn't Galway hiring someone.
Comment by
Red5Luke on Aug 30, 2012 10:45am
I can't wait for freak'n Clarus to run out of shares. Every chance they get they throw out shares to moderate the price. I welcome the day they run out shares and disappear out of the scene.