Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
And whe're back to OTC closing (way) below Merkur, Merkur trying to go green, and then someone on OTC decides to sell shares way below the PPS on Merkur... (aka; time for me to whine about ditching OTC again)
Well, there is someone who has been crazy enough to short this stock after the TRW-distribution announcement, so who knows if they know something, whether it is profit securing, dumping, MMs messing with us and not knowing what's coming or whatever
I think your quarrel with RD is based on that you haven't followed what he has written in the past; The appraisal firm used a PE of 10-12 and ended up with the value RD is referring to.
The interesting argument here would be what PE TRW deserves upon listing on HKSE (or whereever it ends up), i.e whether the PE of 10-12 is fair or not (although it should be conservative).
Another interesting question is how much TRW will grow until listing.
For his statement to add TRWs profits since the appraisal value from 2016 this is wrong if TRW is unable to use those profits to generate more profits, they are right if they have been used to generate more profits of the same PE (10-12 in this case), and they are conservative if they are able to ramp up faster with these profits than what they have proven in the past. However, I believe this uncertainty drowns in other uncertainties (like the issues they have with AF4)
Doesn't that apply to Solomon as well? Unless the batch a few weeks ago was for this purpose, then I guess they are postponing these shares till a later stage.
Didn't The Norwegian state that he was going to China this week? I.e he might be pre-occupied
lol No, I didn't sell any shares - CDEL desperately wanted to sell so I backed of from those levels...
CDEL is playing around; I'm "moving" some shares from OTC to Merkur (through buying some at yesterday at Merkur, and selling the same amount on OTC) so I put up an ask 0.025 cents below CDEL and CDEL immediately reduced its ask to match mine (and I do mean immediately, I went straight to the live feed after putting my order and refreshed and wham CDEL had changed).
MM playing around?
EDIT: I deleted my ask and suddenly CDEL increased its ask...
EDIT2: I put down my order again and WHAM CDEL lowered its ask to match mine again. Again instantly.
That's the most likely scenario I guess, but someone has been buying butload of shares without being willing to sell them even after a 50% increase the last month. Those shares traded above 40 cents are a given, but why is "all" the shares traded at 25-35 cents not sold with a nice gain?
He might have been stocking up on the millions of shares diluted so far this year for all we know.
22 914 852 of the OS is on Merkur as of today, i.e 46.4% of the OS (incl collateral shares)