Quote Originally Posted by whatsup View Post
I think that this is a very tedious way to accumulate SKO stock for a wanting insto S Her two or three cents increments at a time considering some posters are calling this a ten dollar share sometime in the future , why not bite the bullet and line wipe up to $5.00 and then make a market stand for whats needed/wanted !!!!
In a takeover or strategic move, yes - a buyer will make a stand on the market at a premium (after consulting with brokers etc) to grab the intented stake.

You can see from today's share price move that the buyer of the 100k shares had to pushed the sp by 19c or 4.7% to entice a seller to provide the stock.

Can only get harder and harder for buyers to get big meaningful stakes in a great story like Serko.

Their hope will be that the directors sell some (like Rod Drury in Xero) or the company makes a placement to fund an acquisition.