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Bullboard - Stock Discussion Forum Diamond Estates Wines & Spirit Inc V.DWS

Alternate Symbol(s):  DWWEF

Diamond Estates Wines & Spirits Inc. is a Canada-based producer of wines and ciders, as well as a sales agent for over 120 beverage alcohol brands across Canada. The Company operates five production facilities, four in Ontario and one in British Columbia, which produce predominantly VQA wines under brand names, such as 20 Bees, Creekside, EastDell, Lakeview Cellars, Mindful, Queenston Mile... see more

TSXV:DWS - Post Discussion

Diamond Estates Wines & Spirit Inc > Insider Selling ?????
View:
Post by RayDonovan78 on Nov 18, 2021 2:22pm

Insider Selling ?????

Strange how they don;t mention Pierre- Paul Lassonde accuired the exact same amount on the same day !! A simple couple clicks of the mouse would there article in the trash can.



Diamond Estates Wines & Spirits Inc. (CVE:DWS) Insider Sells C$600,012.00 in Stock

 

Diamond Estates Wines & Spirits Inc. (CVE:DWS) insider Oakwest Corporation Limited sold 3,333,400 shares of the business’s stock in a transaction that occurred on Tuesday, November 9th. The stock was sold at an average price of C$0.18, for a total transaction of C$600,012.00. Following the sale, the insider now directly owns 30,839,878 shares of the company’s stock, valued at C$5,551,178.04.

DWS stock traded up C$0.01 during trading hours on Tuesday, reaching C$0.18. The stock had a trading volume of 110,400 shares, compared to its average volume of 154,798. The company has a market capitalization of C$49.07 million and a PE ratio of -13.08. The company has a quick ratio of 0.55, a current ratio of 4.39 and a debt-to-equity ratio of 149.69. The company’s 50-day moving average is C$0.17. Diamond Estates Wines & Spirits Inc. has a fifty-two week low of C$0.13 and a fifty-two week high of C$0.22.

Comment by habsfan on Nov 18, 2021 3:32pm
We should all relax and wait until Q1/22 for things to start happening.......opening up all grocery store sales,.....successful integration of recent acquisitions and, ...... possible sale to Lassonde.  If all successful everyone will benefit.  If things don't materialize as exspected, then it may be time to move on.  Lets hope for success early 2022.
Comment by RayDonovan78 on Nov 18, 2021 4:15pm
I am still watching closely, I dont think a large tranfer of shares from one account to another on the same day is a bad thing, more of a possitive.
Comment by habsfan on Nov 23, 2021 9:29am
It's hard to watch shareholder value erode after the consolidation but I believe if we hang in there the rewards will (finally) come.  Someone needs to take the helm and push this company to full potential.  Q1 will be very telling as much can be done but will it happen.  Send your Positive vibes everyone
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