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a question, page-2

  1. Aflatoon
    1,927 Posts.
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    02/11/05
    13:10
    Post #: 1203844
    Glencore owns 50% of MRE. Their buying cost was 5cents pre-consolidation. Post $1.50.
    Institutions own 25%. I believe Instos bought them at $2.90. They will not be selling cheap.
    Any t/o should have atleast 75% support.
    Therefore, I believe, it will not be easy for Glen to t/o cheaply.
    MRE Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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