By the terms of the current, full term only, no early redemption debenture Fairfax is not allowed to acquire additional BB, yet it seems, I may be mistaken, the ceo seems to have found a loop hole to secure his Reddit Raid $16 $17 $18 lottery winnings into a Fairfax Insurance Holding Co.
The appearance of this transaction is incredibly suspicious!
That's right, chne has 2.9M currently in the sale que, premium isn't supposed to acquire more, but between the two, chne retains ownership while getting a little back rub, feel good from his business partner. These two appear optically stupid, and or snub their noses at the rules they seem to make malable and bend to their needs, and likely the one of the significant reasons other institutions sold out their positions in BB while chen and whatsup are in power... chne and whatsup appear to tilt the table to their need and or benefit. Sad. If the two had done their job, without a continious stream of missing plan, the investment community wouldn't need to constantly wonder WHAT IS GOING ON, noting the poor optics time and time again to the OSC.
Registered Holder Allied World Insurance Company
Filing
Date | Transaction
Date | Insider Name | Ownership
Type | Securities | Nature of transaction | Volume or Value | Price |
| Dec 23/22 | Dec 22/22 | Fairfax Financial Holdings Limited | Indirect Ownership | Common Shares | 11 - Acquisition carried out privately | 2,900,000 | $3.43
USD |
| Dec 23/22 | Dec 22/22 | Fairfax Financial Holdings Limited | Indirect Ownership | Common Shares | 11 - Disposition carried out privately | -2,900,000 | $3.43
USD |