Post by
Xiawen13 on Apr 05, 2016 9:11pm
Insider selling
There is no "real" insider from Telesta holding such a largen amount of shares to my
knowledge.
As mentionned in my previous post, Under canadian security laws: In addition, generally anybody or organization that owns or has claims on 10% or more of a company's equity is also an insider and must file insider trading reports - See more at: https://m.canadianinsider.com/faq#sthash.njYXrPXj.dpuf
Read more at https://www.stockhouse.com/companies/bullboard/bullboard/t.tst/telesta-therapeutics-inc#zbgFgQFtBEIlF0e3.99
So my guess is still the same: the institution that bought 100MIL shares last summer at .34 cent but were prohibited to sell them before december is now selling part of its holding. If their "insider info wasnt good enough to make them sell at .34, then you shouldnt worry that they give it away at .10
Comment by
m8magic on Apr 05, 2016 9:15pm
informative...and a possibility...thanx