Replies to post #4356 on Arax Holdings Corp (ARAT)

[SmallCapValueInvestor]

Very common with low floaters, you’ll also notice the spread is very large bidding at .65 and asking at .934

That’s also a deterrent for buying at the ask because the shares bought on the ask at .934 can instantly become worth .65 if someone else sells on the bid or if the buyer decides to liquidate.

I think the spread will tighten once we are back in multi dollar range as it did the last run.

I don’t expect much more to happen till they issue another PR, merge in the financials (next quarter or annual report), file for a forward split, name change, or ticker change.