Bergen is well aware that they have a bad history with making a few bad investments.
Yes they know that with this bad record and shareholders will panic sell,
But it’s stupid to think Bergen is only going to invest in a company that is going to fail.
I think Bergen are seeing this company in the long term as a big success,
But with a company like Bergen because of a few investments that have seen share prices fall after their investment for whatever reasons. they can use this to their advantage in that they can invest in any company in the world with any future outcome, and the will get shares cheaper just on panic nonsense which has nothing to do with the reality of the company's future.
Bergen have not got a crystal ball, if they invest in even the most successful company in the world the same would happen.
Bergen is well aware that they have a bad history with making a...
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Mkt cap ! $20.97M | |||
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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