I heard there was a board meeting tonight... Any summery available yet?
Someone is eating up those asks on AM1 like candy.. 0.34 and rising..
.. which is odd, because if they were into it for div's only, they could do it alot cheaper buying blocks of AM100.. *(huge spread at the moment)
Someone is eating up those asks on AM1 like candy.. 0.34 and rising..
.. which is odd, because if they were into it for div's only, they could do it alot cheaper buying blocks of AM100.. *(huge spread at the moment)
Buying AM100 is almost always a bad idea. You have to look at the market depth. And AM100 usually offers a very very very shallow depth. Even AM1 is completely fragile compared to 'regular' companies. AM100 is even worse!
I think it makes no sense that 100 AM100 shares can't be converted to 1 AM1 share and vice versa.
Havelock should add that option, even if they charge a small fee I think it's a good idea for liquidity.
(or event better, jsut convert every share to fractional shares and make shares only transfarable in multiplies of 100)
edit: or just add decimals to the trading engine and make it possible to sell 0.37 AM1 shares
