Crazy spread.4 Oct 2019 03:00
The true spread is nothing like 27%
The bid / ask has been over exaggerated here for a few days now.
MM's playing games? I don't know, but it makes me think.
When sells average 0.57 and buys average 0.64
The actual, real spread is more like 11.6%
Crazy spreads puts buyers off, why would you do that?
You want sellers? You want shares? Again, I don't know, but it makes me think.
Buys Vs Sells here have been 2 to 1, 3 to 1, and some days 4 to 1!
We have still seen no real movement in SP. This again makes me think.
We are now fully funded, and waiting on CPR news, which in my opinion is backwards.
We would not have received the funding if Kazakh Bank did not KNOW their investment is good.
Interesting times ahead, and news very soon.
GLA Holders, TAF.