posted on
Jun 12, 2014 01:02PM
Welcome To The Allana Potash HUB On AGORACOM
Focusing on the Dallol Potash Project in Ethiopia
Message: Re: UBS
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Probably one or more of the Nova shareholders. They only sell an average of 40,000 a day so they are in no hurry . If they wanted to tank the price they would dump all at once .
Even at this price they are making a profit .
OK, maybe it's a Nova shareholder, but why now? We were in the .40s the whole month of April and even higher before that. I find it odd that a Nova shareholder would be trying to sell now, especially since financing is expected soon or a latest within the next few months. If I was a Nova shareholder I would certainly want to wait till financing is done. If the shareholder has waited this long, why sell now? Just seems too wierd to me.
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