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Replies to post #111764 on NaturalShrimp Inc (SHMP)

Replies to #111764 on NaturalShrimp Inc (SHMP)

eqinvestor

01/31/24 9:40 AM

#111765 RE: jalive #111764

Sorry, you're wrong. They have well over 20 million in debt, virtually no cash and virtually no revenues. That is the reason it is where it is.

JoshTaeger

01/31/24 10:23 AM

#111767 RE: jalive #111764

GHS buys its share from SHMP at a minimum of a 24% discount. Anything above that price (roughly $0.008) is profit for GHS. Not that all that selling is one way. There appears to be some churning. Maybe to keep the VWAP as low as possible?