And there it is ladies and gentleman, the magic 75% threshold Will be interesting to see if Zhaojin get into the 80%'s within the 14 day extension period Will they then extend another 14 days or call it and look towards potentially delisting Will the SP rise or fall if not extended another 14 days Will the insto's be hanging around trying to push for more as a minority SH or look for quick cash and sell at $0.68 Stay tuned and keep watching as we come to the end of TIE season 1
It's amazing how for months the SP was controlled in a sideways action to the disadvantage of retail SH's, then in the last 2 weeks Zhajoin went from 7% of TIE to 75% of TIE. Talk about capitulation, especially from management
TIE Price at posting:
67.8¢ Sentiment: None Disclosure: Not Held