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eik

Followers 85
Posts 6119
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Alias Born 10/24/2005

eik

Re: hedge_fun post# 2263

Tuesday, 09/13/2011 6:55:29 PM

Tuesday, September 13, 2011 6:55:29 PM

Post# of 2299
Yea, you can see 100 shares traded sometimes, when someone dumps them at the bid. :) After restructuring almost 97+% (?) of shares belong to the new management and they are restricted. So, the real float is almost non-existent. Anyway, unlike other similar Canadian-Russian businesses (let's skip the names :) this one is real. They recently found big private investors, received secured loans, etc. I am afraid we are not going to hear much the next several months. When the management is in real "possession" of their millions shares they will probably start talking. That's why I just put my shares aside till better times. I am 100% sure those times are coming.
IMO.

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