RE:RE:RE:RE:RE:RE:RE:RE:RE:No SupportYou are welcome to do what you want. But given your tone and loose attention to detail, you only make yourself a target for shunning at best and banning if you go overboard.
To close the loop on detail that you got wrong, and now artfully ignore:
Pine Cliff share total is 356,298,000; so the reportable threshold is currently 35,629,800 shares. This is in addition to officers and directors, who are insiders by definition.
Selected insider holdings from the Globe and Mail website:
AIMCO has 36M shares.
Hodge, CEO, 10,521473 shares
Rice, Director, 1,185,970 shares
MacDonald, CFO, 883,687 shares
Mcneill, COO, 1,858,849 shares
Fink, Chairman, 26,281,030 shares. Mr Fink has now retired, so is no longer an ‘insider’. This is the point that I was trying to lead you too previously.
Mr Disbrow held over 57M shares until May 2022 (share price was CA$1.94) ; when his reportable holding fell to about 34M shares; he had been selling shares leading up to this change, although there is no insider sell report (or TSE trade) for the 23M share drop on 18 May 2022; which suggests an internal transfer. He continued to report as an insider (share count was lower then, and he was still over the 10% line) and to both buy and sell, with his last reported trade in Sep 2022 (share price was CA$1.98) when he held 32,584,000 shares. In that month the corporate share count increased such that he might have fallen below the 10% line, although if he still controls the “missing” shares it could be that he has not traded since then. My read of the trading by Haywood (his firm) suggests that he is simply no longer an insider.
In the past 12 months insider activity has seen 2,205,465 shares bought and 175,000 sold.
Even if Mr Fink and Mr Disbrow are no longer ‘insiders’ and we don’t therefore have statutory visibility on what buying and selling either might have engaged in, and while it is mathematically possible that they sold out (about 70M shares traded over the year), I am assured that both are still major shareholders.
And for every sale there was a buy, so not everyone shares your point of view; or your acerbic distaste for those who disagree with it.