Hi Tinwins and all - I think I jumped too early. There is definitely something happening. You cannot tell me that someone just buys 1million shares in a thinly traded company and pushes the price up around 11%. So the $1.00 is in play maybe the powers that be at the head office have decided to support it until the market likes it SOL owns around 12% so can buy 8% without triggering a buyout. That's around 6 million shares and probably if the share price pushed up to around $1.03c I would think most would be happy.
I am still happy with my decision as it wasn't only about price but more about the vehicle. You may also find that BKI has bought a few as there is no reason for them not to have bought. Essentially they are totally independent so can effectively both own 19.9% (except they may fall foul of common directors) - though they don't pick up WHSP announcements but have common directors so maybe not.
Anyway not unhappy as I think I got a market price.
URB Price at posting:
$1.00 Sentiment: None Disclosure: Not Held