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eik

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Alias Born 10/24/2005

eik

Re: mrgoodtrade post# 1899

Sunday, 04/24/2016 6:58:06 PM

Sunday, April 24, 2016 6:58:06 PM

Post# of 3445
I was talking only about "holding period" (one year). As to the trading volume... 1% of ~ 600 mln outstanding is 6 mln every 3 months (assuming this company will suddenly start follow the rules). If you are familiar with history of Markray's predecessors - the management had never lost the chance to drop millions of shares on any rally, and even managed to short their own stock in Frankfurt. But hey... as I said, I have no reason (for now) to suspect David Brown in cooperation with old team. The first couple of PRs will show if he follows the old pattern.

BTW, I am ashamed to admit this, but I kind of agree with last statement of Mr. Korogod (and I said this before) - RVBR shares were issued to cover particular "asset" - Roshal precious metals field. Markray even increased number of authorized shares based on this. How is it possible just to become a laundry and pretend that major asset never existed? They definitely should follow some security rules - officially restructure the company, cancel or reverse split the shares, etc. Usually companies change name in situations like this. RVBR has done this many times.