Post by
HARJAY on Jun 20, 2023 9:07am
Why isn't this Cdn. Inv. Institution investing in Cdn Co's
Canadian pensions manager invests $400 million in Swedish battery maker Northvolt Canada's Investment Management Corporation of Ontario has invested $400 million in battery producer Northvolt, which will help the Swedish company expand production of lithium-ion batteries ahead of a possible initial public offering
Comment by
TheShare on Jun 20, 2023 9:26am
Best you ask the pensions manager. No need to thank
Comment by
MrForthright on Jun 21, 2023 12:31am
Because the CEO constantly sell stock, the company has $100 million in accumulated losses, declining revenues, large amount of uncollected ARs, barely no working capital, has a high burn rate and tiny shareholders equity. That's why.
Comment by
paul03 on Jun 21, 2023 5:27am
I just looked quickly and like 6 years ago the CEO had a little over 52M personal shares and today he has a little over 66M personal shares. Seems like an upward trend. Now for the trust fund sells, ya you can use that as ammo but we don't know all the information behind it. If anyone does, please enlighten us.
Comment by
tamaracktop on Jun 21, 2023 9:41am
" I'm banking on the fact that Peter probably won't want to part with his 66M personal shares for 1$" I wouldn't be banking on that. He appears to be selling as fast as he can. Up to 800,000 shares at a time.
Comment by
paul03 on Jun 21, 2023 9:52am
I covered this already. The trust is selling of which you have no clue how much Peter gets from it. His personal shares are going up yearly. I have a job so I won't play your back and forth game. You like to paint the picture black. I like the colour blue. That's never going to change.