TSXV:NDVA.H - Post by User
Comment by
Clintcoinon Jun 06, 2024 1:11pm
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Post# 36075715
RE:RE:RE:potentially tweed
RE:RE:RE:potentially tweed Yea I mean it would be silly for Tweed to try to sell all their shares, given there's very little liquidity. they would probably have to unload the majority of the shares at a cent or less in the open market if they sold them all at once.
I just think if they have inside information and their response is to sell shares, it's probably not a good sign.
Hopefully they don't know much more than we do and they are just rebalancing their investments. Selling a million shares when you have 34 million doesn't necessarily mean anything, but it may.
The recent selling of the shares resulted in Tweed dropping below 20% ownership of Indiva, which may be a requirement stipulated by a new owner in a buyout deal, who knows.