I have to post something, like I posted here 12 months ago, I was on the money 13 months ago,
1, big player don't need to buy on the market, they get shares on quarterly basis, it's there best interest to keep the share price low... They will get more shares by selling on the market and get their Allotment through placements.
2. There are a lot more risks than you think. By working with MA deals recently, you'd appreciate how hard to get funding. Some of the the calculations here are just unrealistic,
3. We all know that mt Kare has a lot of gold, like I repeated it so many times. It's priced in. Whether you like it or not. Market tells the truth.no matter how you dreamed About acculumlations.
4. Big funds control a big percentage of shares is not necessary a good thing. See first point.
5. Barick is in deep shit with the new CEO recently written off 6 billions for their equinox acquication which I was involved.
6. I emailed so many times to the CEO, never got a reply. I dont blame them.They have no ideas as to how to get a partner to stop diluting the retail shareholders .
The only hope is that the share price is currently under play, take your chances to sell as you see fit. Trust me , you have a different agenda with the big funds, they don't make money in the Same way as the retail holders do.
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here are the facts , page-5
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