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IBEX Technologies Inc V.IBT

IBEX Technologies Inc., through its wholly owned subsidiary, IBEX Pharmaceuticals Inc., manufactures and markets enzymes for biomedical use. IBEX Pharmaceutical Inc.’s primary business is the manufacture and selling of high purity enzymes for in-vitro diagnostics and research. The Company also makes and sell osteoarthritis kits (ELISA’s) for pre-clinical research. The Company has developed a proprietary expression for the production of its enzymes in Flavobacterium heparinum. This expression system allows for producing each glycosaminoglycan (GAG) enzyme separately from other enzymes therefore achieving the highest purity using a well-defined proprietary purification scheme. The Company operates in one industry segment: the production and sale of diagnostic products.


TSXV:IBT - Post by User

Post by guarantor1on May 31, 2023 11:02am
141 Views
Post# 35472500

Looks like the guy trading via Laurentian may have 10% !??

Looks like the guy trading via Laurentian may have 10% !??Started buying Dec 16 (day after earnings released).
And since then ( up to  today May 31), 3.2 million Ibex shares have traded.
Read someplace that he was doing 80 - 85% of the buying...
So assuming he's doing a conservative 80% of the buys, then he's bought 2.56M shares,
And 10% of the issued shares = 2.478M

Soooo...looks like 10% to me. And  if so, he will have disclose very shortly...
Unless there are more than one buyer, going through Laurentian.

 I'm doing "back of the envelope" calculatuons here , and have not heard anything definitive,
- so please do your own DD.
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