OTCPK:EUCTF - Post by User
Comment by
Ringerton Aug 09, 2016 11:42am
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Post# 25122750
RE:RE:NO NCIB buying whatsoever...
RE:RE:NO NCIB buying whatsoever...Both don't really make sense to me. 1) SICPA isn't buying anymore, so I think their main goal was to get that representative on the board. Now they have, they are not interested in any more shares. Last purchase was on 22 July. Since they're not buying anymore, EUO's and SICPA's interests should be aligned: a higher SP. 2) then why is Bruce still able to buy? He bought 30k August 5.
lscfa wrote: 2 possible reasons:....1)Conflict of interest - SICPA does not want the co. to raise price until it gets its fill of cheap shares....2) co. can not buy now because it has inside info