Posted On: 11/16/2015 4:31:32 PM
Post# of 11038
Exactly. While I would normally simply resolve by issuing 150m additional privately, if there are still sellers at these prices, buying in the open market makes sense for either COR or CRGP (even if its small amounts as it still adds up). It could just be speculators hoping for another dividend.
The volume is not quite enough to convince me that something is happening but it could be part of an overall deal as was suggested (for ex. purchase what you can in the next 10 days and company will award you with rest so that you total 100-150m).
Im just holding patiently right now. Not expecting news but I'm not saying its not possible.
ALL IMHO
The volume is not quite enough to convince me that something is happening but it could be part of an overall deal as was suggested (for ex. purchase what you can in the next 10 days and company will award you with rest so that you total 100-150m).
Im just holding patiently right now. Not expecting news but I'm not saying its not possible.
ALL IMHO
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PLEASE READ IF YOU READ MY POSTS
I invested in Calissio Resources Group because I considered the financial statements warranted an investment. For every reader here that has been paying attention to my posts, please note the following:
1) I am not licensed to give investment advice. Everything expressed here is an opinion of my own for discussion purposes.
2) The only thing I know about the upcoming merger is that typically they are good for investors. A premium is typically offered when companies go private from what I understand. I certainly was and still am an investor before this announcement was made.
3) Finally, regarding the current OS, while there is lots of conjecture, I must rely on the only available information out there which has been presented in PRs. Therefore, OS as of the last PR was 242m. Consequently, I don't believe there is reason to believe I am a majority holder, despite recent purchases, without making a large degree of assumptions.
If anyone is wondering why I am posting this, it is because I want to make sure no one misinterprets my posts or considers I have any intent on the board other than to share potential ideas/speculate on possibilities.
I invested in Calissio Resources Group because I considered the financial statements warranted an investment. For every reader here that has been paying attention to my posts, please note the following:
1) I am not licensed to give investment advice. Everything expressed here is an opinion of my own for discussion purposes.
2) The only thing I know about the upcoming merger is that typically they are good for investors. A premium is typically offered when companies go private from what I understand. I certainly was and still am an investor before this announcement was made.
3) Finally, regarding the current OS, while there is lots of conjecture, I must rely on the only available information out there which has been presented in PRs. Therefore, OS as of the last PR was 242m. Consequently, I don't believe there is reason to believe I am a majority holder, despite recent purchases, without making a large degree of assumptions.
If anyone is wondering why I am posting this, it is because I want to make sure no one misinterprets my posts or considers I have any intent on the board other than to share potential ideas/speculate on possibilities.
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