Orca Energy Group Ord Shs Class A V.ORC.A

seriously?? $25 on 100 shares/auction ends tomorrow..

[downwithdotcom1]

who is responsible for tripling the value of the "A" shares in the last few months and to what end???? anyways, auction ends tomorrow - tendered a small position , worst is that it doesnt go thru and the share count goes down another 7 million+ shares that will continue to trade at cash values. Going to need another new catalyst ie the signing of new gas supplies for this new gas turbine that was supposed to be ready sometime this year...still, $25 - what is going on??? dwdc

[mortgages101]

I have been questioning the same thing. TD seems to be the one bidding on those A shares.  They have also been on the buy side of most B shares for a little while. 

[ArbProfit]

There are 1,750,567 Class A shares outstanding. Shaymar owns 1,741,975 of them. That leaves 8,592 shares.  Perhaps that 100 share buyer shorted the stock and cannot find a seller to cover.  Shaymar unlikely to sell 100 shares at any price.  Let's see where this thing eventually trades. It's unavailable to short at my broker, no surprise, but no chance I would short it

[ValueCat]

weird trades in the Pan Ocean voting shares used to be a tell, but in this case maybe not. Maybe someone got inadvertently short? I don't think Orca will weasel out of the current tender since they would be screwing David's estate. Hopefully Tanzania gets its act together with the licenses.