hey guys I'm trying to get the story straight in my head :
- we believe a group of people are working to keep the share price low - the Chinese are running around throwing money at companies with DSO capabilities
isn't it against that groups best interest to keep the share price low for an extended period - because if the chinese move in with an all cash offer at say $1 a share then its ~300% from todays price so would look attractive however we all know its probably a bargin at those prices !
All I can think of is that this group (lets call em the fkwits) control enough of the register that they could block any attempted takeover. Or the fkwits are confident the other majority holders won't sell at those prices as they all have entry prices north of $1.50
any insight ?
GWR Price at posting:
36.8¢ Sentiment: Buy Disclosure: Held
