Global Thermoelectric - SOFC Fuel cells (GLE:TSE) Message Board

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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)

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To: DuckMucker who wrote (2753)	7/23/1999 12:12:00 PM
From: Ulster1	Read Replies (1) of 6016

Hey Duck, You make some good points. I would not expect see serious institutional buying until there is a split. There is not enough liquidity with this one yet. With only 20 Mil+ outstanding, the float is quite tight, and for a fund manager to take a serious position would mean his first share bought and his last share bought would be at quite different prices (which they usually do not care for). This can only be avoided by either crossing a large block to the manager (this means finding a willing seller at these levels with a large block)....OR by creating more turnover in the market by increasing the float. Any thoughts? U1

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