K7 wrote:Jana wrote:Gainer wrote:NIFL mandatory offer last date tomorrow after that bull run
NIFL 98% of shares holding by CLC only 2% shares in the market
NIFL going to De List they will give CLC
NIFL another TFIL
I think less than 1% NIFL in the market ..
they hold already 98% ...now they collect at least 1 % from mandatory offer ..and they will buy from the market also ..
So after tomorrow they will grab all other 1% up to 11/= or 12/= level ... NIFL automatically move to 13/= to 15/= level...
Jana / Gainer, small clarification: As per today trading quantity it is 4.5million accounted as 4.24% and it is more than 2% you mentioned. So is it because of day trading or CLC / LOFC released some quantity to the market? I may misunderstood the figures. Tks
I hope some one grab and doing small manipulation with that... because of repeat trading buy and sell it shows more qty...
I beleive this is now very very illiquid
if we see the pattern he collect then push down to 10/= two time panic the sellers and buy more...and he try to put big buy orders end of the time and push up to 12.10...
CLC already acquire LOFC qty so only CLC ...
then CLC can't sell even 1 share up to today because they issue mandatory offer up to today so not allowed to sell ..only buy..
So no worries some one playing with this using the opportunity..
any how I will sell mine tomorrow morning any price even if down because I bought @9.70 waiting to sell more than 30% it is highly possible tomorrow ... incase if it is down I don't mind still in profit so..