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4.5¢ alterra limited

Why would it dip further when you have a big fund accumulating...

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04/05/18

11:31

Post #: 32883043
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Originally posted by Amused observer ↑

Might blip back to 4.3 cents (but not much more) before it goes anywhere as SNC isn't acquiring with the intent of taking it over, they are merely accumulating as active investors so now they are out of the "10% gets discounted by a private placement" risk they will slowly pick up more as it dips further, and it will dip further until the Board gets a deal on the table.

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Why would it dip further when you have a big fund accumulating and stock market watches know they are accumulating.

We also know that they wouldn't be accumulating unless they thought their shares would be going up.

1AG Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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