(Total Views: 580)
Posted On: 08/04/2017 12:55:12 PM
Post# of 9903
Re: energy_wave #8661
I can't speak for Asset Management Group Inc. but the total value of SRGE shares they have now would be worth:
24.000 x $ 0.0001= $ 2.4
Why bother closing out when the transaction costs of selling the shares would even be higher than the worth of SRGE total shares?
It's better to wait for the shares to appreciate in value and then sell. Obviously Asset Management Group Inc. with a total market cap of $ 260 million in all their investments expect appreciation of the SRGE shares.
24.000 x $ 0.0001= $ 2.4
Why bother closing out when the transaction costs of selling the shares would even be higher than the worth of SRGE total shares?
It's better to wait for the shares to appreciate in value and then sell. Obviously Asset Management Group Inc. with a total market cap of $ 260 million in all their investments expect appreciation of the SRGE shares.
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