My take on all this (and I could be completely wrong here) is that the stock is being sold off to b*ggery prior to US listing. This means that the instos and big players get to buy more shares for their investing dollars.
Big question is: who is doing the selling?
Does Ivanhoe want out now? (I would have thought it strange but maybe they want to put the cash elsewhere.)
I suggest all this as an alternative to the “there’s something gone badly wrong at the plant and they haven’t told us yet” theory.
God forbid.
Renergen General Discussion, page-1463
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Last
59.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.89M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 575 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 17 | 1 |
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