But if they were 19.9% before does it mean they can only get to 22.9% ?
If so, an additional .1% of 140m is 140,000
Half of that could have been pushed through today, if not, it won't be long before they are done with the 3% additional.
Makes sense that they are finished accumulating as the bots have allowed the share price to push on past $4 on significant enough volume.
Either way, we cannot be that far away from a rail deal. They did originally promise it would happen soon; WR alluded to something significant happening soon + rail negotiations in their final stages.
So a significant announcement regarding rail could very well be announced very soon. Would make sense if WN was apart of that announcement that WR would allow them to accumulate their extra 3% before announcing it.
BRM Price at posting:
$4.14 Sentiment: Buy Disclosure: Held