It's also good news on several fronts. Firstly, how pleasant to see a CEO owning 5m shares. If Esra doesn't know what's coming up, nobody will.
Assuming some of those Nominee companies don't accept the first offer that will make them a small profit, and that could be a dangerous assumption (I don't trust the instos as far as I could throw them) the Top 20 holders hold a clear majority of shares and have an unassailable blocking stake, which means we are not left in the hands of the day traders and general opportunists.
I suspect you could add another 5-10 million owned by the regulars in this forum as well, and they are certainly not going to give anything away. I know my holding is not for sale under $5 at this stage.
I go through The Doubts occasionally, but when I sit down and do the sums again, I remain convinced this is as close to a no-risk situation as I've ever seen for a stock with such potentially high rewards.
Good luck to all holder, even the bloody daytraders. I don't want to suffer from irrational exuberance, but I suspect my long term time frame needs to be moved forward.
Roll on the AGM!
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $7.923M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $1.258K | 419.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 32399783 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 35370246 | 20 |
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No. | Vol. | Price($) |
---|---|---|
26 | 32399783 | 0.002 |
17 | 50466742 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 35370246 | 20 |
0.004 | 27681763 | 16 |
0.005 | 9725000 | 9 |
0.006 | 9723435 | 9 |
0.007 | 13229103 | 6 |
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