NEO nuenco nl

comments regarding substantial holders

  1. 27,342 Posts.
    Interpretation of comments lacking detail can reduce the analysis to near on worthless in this game.

    As an example, Kains mention of substantial holders soon to be holding more might have been made prior to the rejected attempt to raise money.

    Today not one share, according to my info, was traded despite what was tagged as a market sensitive announcement.
    No volume here speaks volumes to me.... I have explained below why I think this announcement was directed to holders in the hope of convincing them to take up the offer.

    Buy 100,000 shares today and you would have not only spent $6200 + brokerage but also be be faced with about 50% dilution of your holding in the near term. Today's announcement did not IMO add 50%+ value to the MC of NEO, hence no buying.

    Holders themselves have also been left in a position of pay up or face dilution of of about 50%. No matter what spin is added by posters here this is the crux of the matter.








 
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