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CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D



TSX:CUS.DB.D - Post by User

Comment by Khersonon Sep 19, 2016 9:47am
235 Views
Post# 25251249

RE:Big insider buy July 6th - huge vote of confidence

RE:Big insider buy July 6th - huge vote of confidence
phoenix_trader wrote: 40,000 shares at $1.28


This is really interesting in light of the fact that Doug stated that in the September 14th news release, "successful completion of the planned financing which has been in the works for several months will allow us to repay the $75 million term loan maturing in May, 2017". So the question now has to be asked, was the buyer influenced by knowing Material Information that was not available to the Market. Maybe the ASC should take a closer look at this transaction?
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