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Thread: Snakk

  1. #2211
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    Quote Originally Posted by 000831 View Post
    That implies NZ price must be up to related level to match up by Mar, look at this morning trading volume. 3.46M traded at the 9am.
    Ok I'll bite.
    Related level? Related to what?
    What has March got to do with it?
    And finally match up to what?
    to you too

    Minerbarejet

  2. #2212
    ShareTrader Legend bull....'s Avatar
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    still reckon about 20mil shares to go
    one step ahead of the herd

  3. #2213
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    Quote Originally Posted by Minerbarejet View Post
    Whats going on here - 3461000 shares traded before we even open.
    Quote Originally Posted by Balance View Post
    These must be the 15m SeaDragon's Snakk shares which were being shopped around.
    Unlikely to be SEA as they are doing a SPP at the moment, no need for the cash.

    More likely to be DH transfering more to his foundation. That amount should require a disclosure??

  4. #2214
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    Quote Originally Posted by bull.... View Post
    still reckon about 20mil shares to go
    HPF has 15.9m shares last SSH to sell.

    Derek has over 40m last SSH.

    And so on and so forth - they are getting out as fast as they can.

  5. #2215
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    Feed the ducks when they are quacking.

    “When the ducks quack, feed them” is a Wall Street proverb cited in print from at least 1991. The adage became especially popular with internet IPOs in the 1990s.

    http://www.fusioninvesting.com/2010/...tment-cliches/

  6. #2216
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    Are Peking ducks included in that?

  7. #2217
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    Were all these shares traded at 10c?!?!

  8. #2218
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    Balance, your duck theory and pics make me laugh.

    SNK shareholders are not ducks if those info is correct collected from some posts.

    Assumption:

    1. From company announcement, ASX dual listing by March
    2. Listing Regulation SNK.ASX must be 20c
    3. SNK.NZ shareholders may transfer shares into SNK.ASX

    However, someone said it would be 10c at ASX


    If those three assumptions are not dreams, then SNK.NZ shareholders are not ducks, they are duck feeders. Let them feed the OZ ducks,hahahahaha ~~~~~.

    Last edited by 000831; 23-01-2014 at 10:03 AM.

  9. #2219
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    Quote Originally Posted by Balance View Post
    These must be the 8.5m SeaDragon's Snakk shares which were being shopped around.

    Looks like they may have only been able to place 3.46m?

    There's around 500,000 shares on the bid at 11c to 11.8c - quick $5k profit for those who got the shares at 10c?
    Entirely predictable - shares sold down to 11c.

    Good on Sea Dragon or whosoever for getting 10c, and good on whosoever got the shares at 10c and took a quick profit.

  10. #2220
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    Quote Originally Posted by turmeric View Post
    I think so. How does it work again? If its Derek or HPF it will require a discloser as it's a change of >1% of a substantial holding. If it's Seadragon or Sorenson it won't though right?
    Any shareholder holding over 5% has to advise a movement over 1% (or a movement that puts them under 5%). DH has to advise any movement since he is a director.

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