InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,634.61
(
1.15%
)
US TECH 100
19,202.00
(
1.10%
)
Dow Jones
41,175.08
(
1.14%
)
Brent Oil
78.38
(
0.00%
)
Bitcoin
63,999.42
(
-0.17%
)
Post# of 163721
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

viking86

Send PM Follow Ignore
Followers 69
Posts 12025
Boards Moderated 0
Alias Born 08/01/2009

viking86

Re: downthehatch post# 8092

Monday, 12/19/2011 10:38:24 AM

Monday, December 19, 2011 10:38:24 AM

Post# of 163721
I wish. It may however take Ironridge much longer than Jan1 to burn through the 6.9m+ shares they need to sell to raise the $3m they need if that's their plan. Based on the most recent trading history that indicates an average daily volume of about 400k after Dec 12 (last date stock was at 50c), if they sell 200k per day, it would take them about 35 trading days. This would mean stock will stay probably at their breakeven level of 0.433 until End of Jan ?

http://finance.yahoo.com/q/hp?s=SIAF.PK+Historical+Prices
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up