Niocorp Developments Ltd (NB): The only sensible reason they do that wo...

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Niocorp Developments Ltd (NB)

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Re: walterc post# 99806

Friday, 08/04/2023 2:35:21 AM

Friday, August 04, 2023 2:35:21 AM

The only sensible reason they do that would be if it allowed them to accumulate cheap shares before the institutions step in. Compared to other pre revenue Nasdaq listed companies, Niocorp’s institutional ownership is still very low and insiders and retail ownership very high. This is the right time to play this game and to sow FUD amongst retail investors,. Why would they otherwise be here, they don’t come across as the Salvation Army.

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