Post by
james2001 on Oct 13, 2021 3:47pm
Share purchase
I wonder how high the share price has to go before Akiba feels is overvalued?
Comment by
stkstroker on Oct 14, 2021 9:14am
Granted there are a lot of shares outstanding, but it is tightly held. I don't think many long term shareholders plan to give it away. My guess is it should be currently trading around $0.75. The big question is whether they can aquire 5% in the 30 cent range. Maybe Wexford should sell to reach the goal....
Comment by
barrywhit on Oct 14, 2021 9:52am
stkstroker, I can't see Wexford offloading any stock they were buying throughout August, they are in for the long haul or the sale of MAKO.. I can't see many LTH's selling out either not for under 50c anyway....GLA
Comment by
stkstroker on Oct 14, 2021 9:59am
I agree Barry. Just getting a point across. I still think the bonus on this deal will be what they tap into with the new exploration areas. That has to attacted outside buying interest.