Morning all. Just saying'. There are always unexplained monetary transactions or large share purchases btwn coys that do not make sense or add up. They are obviously payments for stuff that has nothing to do with actual business. Maybe funny business?
If you take these things on face value and try to find a rationale based on intrinsic value then you will go up the wrong path. With Specs coys it's a waste of time to try and assess accurate valuations. There are so many unknown unknowns that you will just confuse yourself. imo
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Morning Trading January 31, page-7
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