A "good" news and very heavy volume in the past 3 days, almost 4m shares traded, but the price keeps going down. That means somebody is selling a lot of shares.... Who is doing it?
there are many millions of shares unaccounted for when you see the beneficial ownership of ETAK... Must be one of these obscure crocodile funds that is doing the selling.... and nobody knows who is the beneficial owner of all those shares.
Such a coincidence that SVV is investing USD3m right at the same time.... maybe that's where the money coming from.....???
Any other credible explanation supported by facts and figures would be welcome. Keep in mind SVV is very tricky...
From a practical perspective, it is very much feasible: have you looked into the beneficial ownership table? It is very tricky and it is impossible to reconcile who owns how much. A few years back tens of millions of shares had been issued. Some of them to some obscure offshore owners; It is very easy to hide a few million shares behind some offshore ownership, and sell them now to provide funding to ETAK.
anyway, it stinks. For sure do not assume that SVV cares about you guys. He only cares about his personal benefit, and will do anything for it. Including lying to you. And there was a lot of lying in the past - a lot of promises never delivered. Remember: once a liar, always a liar.
The great thing is that VDV has millions of share sin ETAK. And that was before his personal $3M check of last week. So if VDV only does thing to benefit him then that tis great for all long shareholders like me and likely vey bad for shorties like Greg.