re: Ann: Carrick Board Strengthened with Free...
I cannot put my finger on it, but something seems wrong about this company.
I know I keep changing my sentiment, but I have a not so good gut feeling about CRK.
Why all this selling at 38 cents? If 80% of the shareholding is locked up then any attempt to depress the share price would have little effect in the long term.
Has anyone seen a broker report on CRK in recent times? BGF did one in late 2009, but they were involved in seeking funds at the time so one would expect a positive spin. Are they still supportive of CRK?
This is a real mystry company. The nickel deposit of CRK's sister company, CNK, was hyped despite it not being economic in today's market.
It is good to have Freedman on board. I suppose he got his shares at 20 cents or thereabouts many moons ago and is still in the money. My positive spin is that if CRK goes down he will lose a lot more money than me, unless they sell CRK at his entry price.
loki
CRK Price at posting:
37.1¢ Sentiment: None Disclosure: Held