Strange to also see buyers sitting in at stop points for 1000 shares.....
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Strange to also see buyers sitting in at stop points for 1000 shares.....
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quote:Originally posted by Onthemoney
Maybe someone wants to keep the market value close to $1 so there isn't a call on funds that have been borrowed to keep this a float.....
:D;) nice "call" Onthemoney
Whats with the window dressing & it's not the end of the quarter?
NZX speeding ticket tomorrow?
Disc: Haven't tried the food, but buy the shares you must be joking!
The directors/founders collectively own about 47,275,000 shares. When the market price was $0.81 per share the value of their total holdings was about $38 million. Some posters have theorized that these people may have bought 1000 shares at $1 to prop up the share price, at a cost of $1000 dollars, to increase the market value of their collective holdings to $47.3 million, effectively creating a paper increase in value of 23.5%, or $9 million. Remember also this dudes didn't pay $1 each for most of their shares, only for the roughly 2,275,000 they had to buy to meet the IPO minimum.Quote:
quote:Originally posted by jonny5
Bling
care to explain to this newbie?
Still think the wheels fell off this one before it floated, still got a few old bike frames for sale someone on this thread must be interested.:D[}:)]:D
Nothing wrong with BFW. It is a succesful business and now they have $6.5m to invest into growing the business. The price asked was way too high but it is no Feltex or XRO.
Hey Balance do ya want a bike frame going cheap!:D
agree nothing wrong with the business
its the valuation !!
Agree.Quote:
quote:Originally posted by Footsie
agree nothing wrong with the business
its the valuation !!
Yes. Please deliver it to the Pike Point tip and send a cheque for $2500 for advice rendered. Will send you my bank account details via email.Quote:
quote:Originally posted by Scuffer
Hey Balance do ya want a bike frame going cheap!:D