Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

WESTERN POTASH CORP T.WPX

"Western Potash Corp is engaged in the acquisition, evaluation, and exploration of mineral properties containing potash in Western Canada. The Company holds interests in the Milestone Project located in Southern Saskatchewan."


TSX:WPX - Post by User

Bullboard Posts
Comment by smartinvest78on Apr 05, 2013 9:27am
250 Views
Post# 21214732

RE: RE: RE: Salman: Sell rating and $0.40 target f

RE: RE: RE: Salman: Sell rating and $0.40 target f

"The only reason i can see is management is looking to get out now! At one point they held 14% and now 7%. To me that looks like they sold half of everything they had."

They didn't sell out too many shares. The management holding reduced from 14% to 7% just comes from share dilution. If I am not wrong, they held 14% when the total issued shares were 104 million. Now the total issued shares are 181 million. A simple calculation:

                          (104/181)X14% = 8%

 

Bullboard Posts