Post by
Raptor7 on Jan 27, 2015 11:12am
Almonty is verrrry thinly traded.
Now watch them high-close it everyday to ensure we get the minimum number of Almonty shares.
You know, these take-overs that are done at 100%, even 150% premium? LOL! Why can't that be me for a change? Why always a friend of a friend of a friend?
Comment by
ark88 on Jan 27, 2015 11:14am
and you don't think Dundee won't be front and center for financing for the new merged co going forward?
Comment by
mercurysmith on Jan 27, 2015 11:17am
Raptor7, I think Almonty is thinly traded because with only 49M shares out and with 42.44 of them owned by insiders, there are less than 6.5m shares available for trading outsided of the tightly unified insider group. No surprise the trading is thin.