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I guess with those names announced we should have seen at least $1 today for a start.But who is watching?
I really thought we would need a miracle to see anything filed this week despite what that girl told me.
But then they go and probably disconnect that number!Perhaps it is just that the mobile is powered off?
Anyway should not be complaining too much I guess at least today.
Snow, I don't know about this and in cases of stocks I was the only one buying or selling I never saw any double number.I just saw the number of shares I traded.You may be right of course in stocks like SIAF that have MM's for sure.
If you believe that none of the 6,000,000 volume since the start of the year on the OTC has been fake then I understand why you may think there is dumping.
They finally Tweeted today's important news.A few hours late but no problem there.And looks to me that they really want to up their PR efforts because they Tweeted again about the updates at Aquafarm 3 perhaps because they also want to emphasize that it will be used as 'The Hatchery'.
Another nice installation by Silex.Summer seems to be more busy so far than Spring.
https://www.facebook.com/SilexInteriorsOfficial/
Add to that the update on what's new about operations at Aquafarm 3 that was Tweeted as well on Saturday.
They forgot to Tweet today's news unfortunately.Whoever is in charge for that should be alerted about it so that he does not forget again.
Quarter report on Wednesday
https://www.otcmarkets.com/financialReportViewer?symbol=RJDG&id=175786
Would you mind explaining what this is?
I'm sure new management at TRW will have to look with increasing production too, at more direct to customer venues such as this, that would mean better cash flows and less risk from receivables.
SIAF so far I'm sure could have done better in the sales and marketing departments.
They have an update about AF3.Anything interesting?
http://sinoagrofood.com/content/AF3_2017
Some good publicity for Silex with the Oklahoma Magazine.
https://www.facebook.com/SilexInteriorsOfficial/
Best explanation would be that we have some big buyers from Scandinavia who have been buying most of the shares on the OTC and they are just transferring them to Merkur not for taking advantage of the arbitrage necessarily.OTC was where we had the big volumes anyway in recent months and the buyer doesn't seem to have been some US fund.
We have had this price difference for 18 months.Why did they begin to behave like that and to such a degree just now?
Don't know but 230,000 more shares on Merkur just in July and it was about a million more in June? and then O/S going up by 1.6M and then the big volumes with the price going as low as $1.66...
I think we have to accept the truth that there are new shares entering the market and the company doesn't even have to confirm it.Just hoping for a satisfactory explanation soon (if diluting at under $2 can be satisfactorily explained).
Yes who knows?You might try tomorrow or later tonight in case the call gets transferred to China.Wish her English was good and I could have a decent conversation with her.Perhaps if someone who speaks Chinese could call and manages to catch her.Another strange thing this answering whenever they want and then disappearing.
I'm sure it was the same girl I talked to last time.I thought she asked me about the filings herself and then I heard next week.Then I was asking her to confirm that but the line was not good and was about to hang up.
But then she asked me who was speaking and after I told her I asked her "so you will publish filings next week?" and she said yes.I told her ok thank you bye bye and she said bye bye.
RD maybe you can try as well and confirm this?Perhaps the call gets transferred to China and that is why it was not very clear.
Can you call this 632 number now?A girl just answered me and told me they will publish filings next week.
But because I called from Europe the line was not very clear.Can you confirm this as well?
I think that guy got his numbers wrong and I was shocked.He meant 30K I guess.
Management has to finally answer if they have issued new shares recently and what they were for.
There can be no other logical explanation why all of a sudden you have shareholders deciding to transfer their shares to Merkur in such large amounts let alone the other indications.
Personally I would hope it is just months or that the listing application might be happening concurrently at some stage cause that one might take a couple of years as some here said.
I guess news might be how many years the post carve-out operating history
might be, before they apply for listing.
With the price at $1.75 in addition to that statement that means quite a few years before you could sell your TRW shares, you should also remind shareholders of your promise that after the funding stage you are going to do buybacks+dividends.
I think this part of yesterday's PR scared a lot of investors:
'After the carve-out, the strategy entails several major milestones toward an IPO, each involving multiple planned steps, in addition to third-party contingencies. The milestone categories include regulatory approvals and organizational restructuring; procuring debt financing and pre-IPO equity financing; establishing post carve-out operating history; and applying for listing.'
So do these guys expect shareholders to wait to see profits after several*multiple or contingencies+approvals+restructuring+financing+operating history+listing applications?
If you really believe what you are saying then you must also believe that that the few regular shareholders remaining on the OTC are able to absorb all these shares coming from dilution.Like today over $400,000 worth of shares even sending the price up by 7%!
In case they close OTC before doing a buyback there, it will be very stupid and miss the chance for easily driving the price up with not too much money.
Someone might expect with lower volume for arbitrage not working totally today.But $400,000 volume day and not closing anywhere near the close in Norway, simply surreal!
When they do it between them repeatedly you can show 200,000+ volume days.
Who would care much in Norway tomorrow if the volume was just say 15,000?
Hope so.It is just impossible without dilution to explain the high volumes on the OTC.The only other logical explanation is fake volume which means that our best hope is for Norway to start neglecting what is happening in America in case these attempts to depress the price lower there continue.
When the supply of shares on the OTC is endless even at 20c+ lower that could be sold at in Norway doesn't it make you have fantasies?Are there investors so obviously stupid?Just make a phone call, wait one or two days and sell in Norway.
So they had a chance today to confirm that the float is unchanged and the O/S increase was because of new collateral shares and they didn't?
Now that they got the stellar rating, can they finally go ahead and announce a buyback or dividend?
That is why they may surprise us with a buyback and stop the stupid excuses about hurting their chances for a loan.A $2M buyback used exclusively on the OTC could send the shareprice back to $10 very quickly.
You don't believe there is much chance that some expired then or some were converted because the shareprice fell below a certain level, yes?
Let's hope first of all tomorrow we hear a satisfactory explanation about the O/S going to 25,700,000 or at least not something disappointing behind that.
I don't know if it is likely to continue to drop but we are facing a very dangerous situation.
What if somebody with say 200,000 shares on the OTC decides to sell them all?There is probably nothing to save us.That is why we are in a situation where there can be no 20,40 or even 80% rules in the case of this stock.Decide to sell and you might regret it dearly.
When they did the dual listing I think the shares were split evenly about 50-50.Now at perhaps 80-20 and the 20 at the market that can be shorted, management has to step in with some solution.
Imagine then what even a small buyback used exclusively on the OTC will do for the shareprice knowing that Merkur more or less follows it!
What has been a major disadvantage will be turned on its head.
I guess some others like you following such rules are exiting.But here we have an unprecedented case of about 20% of the float(OTC) influencing the shareprice in a disproportionate way.So I would be a bit more patient in this case before following any rules.