RE:RE:CV selling
SMlachake wrote: Also note that his minimum selling price is $9. A full 34% above Friday close. In fact he only authorized 1% per day at this price. Real action is around SP of $12. Very bullish, very transparent manner and for sure he know something is going to push this SP past $12 soon. He is exercising options at the same time, meaning he will be down only 2.2m shares at the end of it all.
Cris had just shy of 2M options prior to his beginning to exercise them in May. So essentially he will have exercised all 2M options and sold an additional 1M shares at completion of this planned disposition. Cris posted on the ceo board why he's doing this now: "happy wife happy life".
https://ceo.ca/NPK