SGE going to buy them soon ? After months and months ( Year ) of such little bids/asks this shows up today.
Im guessing with the news 48 hours ago the shares were put up for sale so SGE can buy them and reward the shareholder/insider selling them ?
Quote as of: Aug 03, 2017 11:17:15 AM ET
Orders | Shares | Bid | Ask | Shares | Orders |
1 | 4,000 | 1.84 | 2.29 | 39,100 | 1 |
1 | 2,000 | 1.82 | 2.35 | 26,500 | 2 |
1 | 1,000 | 1.80 | 2.50 | 1,500 | 1 |
1 | 500 | 1.76 | 3.00 | 2,000 | 1 |
0 | 0 | 0.00 | 0.00 | 0 | 0 |
Strategem Capital Corp. intends to commence a normal course issuer bid (NCIB) for up to 218,549 Class A common shares, representing up to 5 per cent of its shares issued and outstanding.
Purchases will be by way of open market purchases through the facilities of the TSX Venture Exchange, and the company will pay the market price of the shares at the time of acquisition. The company will conduct the NCIB through Raymond James Ltd. All shares purchased by the company will be subsequently cancelled.
The company has received approval from the exchange to commence its NCIB on Aug. 2, 2017. The bid will end on July 31, 2018, or earlier if the number of shares sought in the NCIB has been obtained. The company reserves the right to terminate the bid earlier if it determines such action to be appropriate. Although Strategem intends to purchase shares under its NCIB, there can be no assurance that any such purchases will be completed.