RE:RE:RE:Wow one year of momentum wiped out in 15 minutesI have no idea if it was the company but I doubt it.
Interestingly most companies have limits on what they can buy per day based on historical trading volumes with exceptions for a block trade a week that exceeds that amount . I can't find any limitations for Enwave.
The following is from Trican to give an example of what I am talking about .
"The public float for the Company's Common Shares as at September 29, 2020 was 203,430,648. Under the TSX rules, the Company will not purchase on any given trading day under the NCIB more than 157,504 Common Shares, being 25% of the average daily trading volume of the Common Shares on the TSX for the six calendar months ended August 31, 2020 of 630,019 Common Shares. Nonetheless, the Company may make one block purchase per calendar week which exceeds the daily repurchase restriction"