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Friday, June 06, 2014 1:05:34 AM
i HAD invested in andes and sold my all position to buy nwgc which i sold completely wednesday and thursday
Facts
1)according to filings authorised increased from 2.5b to 4.5b (last 6 month) AGCZ
2)outstanding nwgc around 750 million
According to me all the profits from andes are beeing diluted by a increase in authorised shares
(Thats the reason why andes is not moving and because nwgc is the principal holder of andes it is benefitting from that)
OF COURSE MY OPINION GLTA
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