Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE
by
Anotheranonlol
on 20/05/2014, 20:33:26 UTC
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.

There's a mechanism for share transfer despite open market trading being halted so there's the supply.
Demand is obviously lacking for shares being offered at 0.095, Also I fully expect some individuals to act like they've just been let out of jail once they are allowed to trade, sentiment shifts rapidly here.  not like they couldn't have done it before though. And not like this is the first time trading has been halted either. This happened when shares originally came to havelock.

The situation can be more positive depending on how cryptx handles things. Should they manage to receive and install equipment at fast pace beginning on 26th may for instance.