IGC 0.00% 33.5¢ international goldfields limited..

So how many were shaken out of the tree today by the desperate...

  1. 7,809 Posts.
    So how many were shaken out of the tree today by the desperate seller or two ?
    Has to be a few here that thought that someone knew something bad ?
    Don't forget the suitor may not want the shareprice high before any deal is offered ..... I am only hypothesizing but by being willing to buy and then to dump at a small loss it would be possible to weaken the resolve of holders and perhaps ultimately get a deal over the line at a greater overall saving . Who knows ?
    It is also a bad market and one or two jumpy sellers may just keep looking for the exit with no agenda or inside knowledge .

 
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