Itafos Inc V.IFOS

Does anyone have access

[Mineralrunner]

to identify the broker with the $2.80 ask - 25.5k shares?

[TimeBuilder]

No not in our accounts ...  ;>O

[TG1960]

heres a hint...major position held by one shop...I believe its roughly 70%...this puupy is going private mes thinks...the question is at what price

[CanadianCody]

I see your theory here.. But a 25k bundle doesn't reflect a fraction of there 130 million shares holdings. If they wanted to offload they would either have to do a private sale or switch from the venture exchange to the TSX so they could do large volumes. Seeing as neither has happened I'm expecting good things from this company as they are still holding there position. I'm thinking

[Nutcracker2021]

I swear their cost was originally $9, I would be surprised if a BO was less than that.

[Mineralrunner]

My recollection, and this is the MBAC days, was they paid 2.50.  About 2 years they bought 30+ million at 0.5.  I can't confirm either.

[Mineralrunner]

It wasn't just the 25k block.  What caught my attention, today (and maybe last few days idk) were the 2 blocks of 25k shares.  Firstly, one popped up at 2.70 and secondly two popped up later at 2.70 and 2.80.  This and peculiar surrounding trading action that I witnessed in terms of transaction times, volumes in spurts, the bid/ask depth, buy/sell brokers (i watched the two