Post by
SPCEO1 on Oct 27, 2023 9:41pm
4.5 million shares traded after the close
That is a lot of shares and I wonder what that could be. Maybe just something related to the deal as no investor owned even half that many shares before the deal.
Comment by
Mannequin on Oct 27, 2023 10:55pm
Care to ponder? Could it be a Wuebec fund moving it around after tanking the share price? Not being serious but not kidding either.
Comment by
SPCEO1 on Oct 27, 2023 11:31pm
No one owned that many shares prior to the offering and that amount of shares represents a little less than 10% of the total outstanding now and a little less than 20% of the shares outstanding before the deal. So, it seems tied to the deal in some way. Maybe it had to do with the private placement to Investisement Quebec. l
Comment by
Mannequin on Oct 28, 2023 12:02am
We will soon see why the shares went to within 10 days