no wonder I do not post often, talk of T/O and the theories behind last weeks rout, plain and simple in my view, we were all played by manipulative and illegal trades, NO ONE has that vol of shares so maybe the powers that be need to have a serious look at the activities of the last few days, for that many shares to be traded in two days it would have needed EVERY top 20 holder to have sold inc the escrowed shares, the company has declared that no major holder has sold................stinks to say the least
With the tightly held shares and the escrowed shares it would block any potential T/O from the get go so no one would even bother unless the offer was 30c and upwards and that is not going to happen.
And just out of ignorance what is this FB group that is continually getting mentioned?
Possible Takeover theory, page-63
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