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Hmmm Kingsmen is illiquid as well. But a fund managed to colllect > 5% stake.
I suppose if they want to, they will be able to.
While it is quite true that low liquidity may weigh on the market price of a stock in the short to medium term, I think it is fair and valid to say that a high-quality business or stock must shine in the longer term. There are so many examples here: Vicom, Viz Branz, etc.
So lousy! Cant even up 16% in one day like my Cortina Tongue
(16-07-2012, 11:09 AM)dydx Wrote: [ -> ]While it is quite true that low liquidity may weigh on the market price of a stock in the short to medium term, I think it is fair and valid to say that a high-quality business or stock must shine in the longer term. There are so many examples here: Vicom, Viz Branz, etc.

Afterall, it is the demand and supply of shares at the particular level of price....
(16-07-2012, 08:48 AM)Salty Wrote: [ -> ]Hmmm Kingsmen is illiquid as well. But a fund managed to colllect > 5% stake.
I suppose if they want to, they will be able to.

Collecting a company shares is achievable as long as one is willing to pay to the sellers, and often a premium.... but paying for the right price definitely need great patience... Crabcrab takes 2 - 3 years to accumulate THG to current level of holdings.
anyone gg to the AGM tomorrow?
Crabcrab will be present....... See wat Uncle Tay & family got to say......
(17-07-2012, 11:08 PM)crabcrab Wrote: [ -> ]Crabcrab will be present....... See wat Uncle Tay & family got to say......
i will be going to, hope i can wake up in time
Will be going for cortina AGM this friday! Big Grin
I can't come sadly but i waiting news from you.