SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ulster1 who wrote (1766)5/5/1999 10:43:00 AM
From: Stephen O  Read Replies (2) of 6016
 
The way it probably happened. Sprotts wants to buy stock. Who has most to sell. Foundation equity. Sprotts calls them. Foundation is all excited, a 10 bagger for them. OK we will sell 1.2 million, I think that is 1/4 of what they owned. So they did it. They have a meeting to celebrate and some poobah points out that they must file a notice to sell with the TSE. So they filed for 2 million. It was then pointed out that this notice would not cover the 1.2 million already sold so they filed another notice for the 1.2 million.
If they had not supplied the 1.2 million shares, how high would the market have gone on that Friday.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News