OTCPK:EUCTF - Post by User
Post by
Ringerton Jul 16, 2016 6:05am
126 Views
Post# 25058393
Well that's odd...
Well that's odd...SICPA did in fact buy some more shares lately:
2016-07-11: +244,000 @ 0.185
2016-07-12: +53,000 @ 0.185
2016-07-13: +60,500 @ 0.185
2016-07-14: +6,500 @ 0,185
Their total number of shares is now: 11,150,000 (12.18% of oustanding shares).
But they switched houses. On these days there wasn't any buying by house 015 (UBS). It appears SICPA is now purchasing through house 007 (TD). I remember they purchased the 100,000 shares that pushed them over 10% through yet another different house. Could anyone think of a reason to purchase shares through 3 different houses?
Another interesting observation:
Volume at 2016-07-13 was 60,500 so ALL shares traded that day went into SICPA's pockets. On 2016-07-12 53,000 of total 93,000 traded shares were purchased by SICPA. On 2016-07-11 trade volume was 227,000 but SICPA reported buying 244,000 shares that day. They must have purchased some through a different exchange than the TSXV, however again ALL shares traded that day were purchased by SICPA.
Literally... NOBODY is interested in EUO but an insider. Takes a special kind of management to get your company in such a position.