Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE
by
NotLambchop
on 20/05/2014, 20:15:37 UTC
Guys, why argue about this?  I can see if people could sell their shares, but they can't.  Seems kinda cruel.  

shareprice is up 20% from what it was averaging before, when mine is due to increase 300% capacity in short time.
what kind of long term investor would sell shares at below current PO rate they must be nervous.. price peaked above 0.1 prior to any of the recent announcements.


As I understand it, it is impossible to sell your shares at this point, trading is closed & the market price undefined.  Which makes it hard to understand why you decided that your shares are "up 20%".  To answer your question, no kind of long or short term investor would sell shares now, the mechanics for trading simply do not exist.  dhenson is trying to unload his, but success is unlikely.

for anyone looking to buy, the share prices are indeed up 20% from what they were trading at prior to offering of 10,000 fixing the price at what it is now. (and this was announced in advance, trading was not immediately halted)

that is unless dhenson wants to do transfer below 0.08.

The shares that are selling now are not your shares.  As I have pointed out, there is no mechanism in place for trading, making the price undefined.  If you feel that the last closing price is going to match the opening price, in 10 days from now, you don't understand how trading works.