GREY:MCESF - Post by User
Comment by
longrun86on Oct 01, 2021 2:23pm
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Post# 33953331
RE:Thoughts on the recent Michael Nielsen sale of 129,500
RE:Thoughts on the recent Michael Nielsen sale of 129,500Hi Auburn,
I had addressed this item in my post on June 22nd. Below is my view on the Mike Nielsen share disposition.
"Mike Nielsen's Share Disposition: If I am not mistaken, Mike had retired from the day-to-day operations. Mike was the one who brought Spiecapag to the table for the CGL and TMX JV's. It's possible that Mike resigns from the Board in the near future to fully enjoy his retirement. Mike has done a lot for the company over the years and I think everyone in the industry would wish him a happy retirement."
Naturally, others may have a different view of the situation.
I don't know what Mike's ACB would be on the shares but having been with the company for a long time, I imagine that some of them would have been much lower than his disposition price.