Is this agreed amount of 19.9% of Crystallex shares due China Railway being transferred on the open market out of kry's treasury?
It looks very much like the majority of trades are being transferred in this manner and tightly requlated at a previously agreed price.
Based on 420 million shares that would amount to an 84 million share transfer.
If this is the case then kry may not require further dilution.
Along with other investor sales, 84 million shares would take some time to negotiate.
If this is the case then everything is already signed and the completion of the share transfer would be the reason that an official announcement has not been announced.
If that is the case a huge springboard effect could be under developement.
A point to consider.
JMHO...Sm
