Post by
B4rryLyndon on Jan 12, 2023 3:34am
Exercise of options from insiders
https://ceo.ca/api/sedi?insider=Brown%2C%20Cameron%2C%20Murray
Nice to see that insiders at least can make a few bucks with options at a dollar twenty.
Comment by
Pinegrove1 on Jan 12, 2023 7:49am
Does this mean that a deal is not in the foreseeable future as insiders can't trade around the time of a deal??
Comment by
jclarke042 on Jan 12, 2023 8:06am
Lack of volume suggests nothing happening here anytime soon, don't worry about options. They all get exercised on the buyout anyways.
Comment by
jclarke042 on Jan 12, 2023 8:23am
Furthermore, whether he exercises now or after any news/deal is announced, he's still in the money from $1.20. If they were to buy in the open market, that would more suggest nothing is happening here soon. This is NOT to start another argument about why they do/don't make open market purchases. Just, I wouldn't look to options exercising as to whether something is around the corner.
Comment by
jclarke042 on Jan 12, 2023 8:59am
Sure, let's go with that then.