Genovese unloading last of his shares.GenoGreasy sells thru house 74 GMP . Sooner he is done selling his last 3 mil shares the better. And look who is buying...STT buying thru Raymond James as per advance notice below...I jumped on bunch more this morning at .235 and .24 :))
STT arranges buyback of up to 2.79 million shares
2015-05-14 12:00 ET - News Release
Ms. Holly Hendershot reports
STT ENVIRO CORP. ANNOUNCES NORMAL COURSE ISSUER BID
STT Enviro Corp. has received TSX Venture Exchange approval of its notice of intention to commence a normal course issuer bid (NCIB) through the facilities of the TSX-V, permitting the company to repurchase, for cancellation, up to 2,791,547 common shares in the capital of the company, representing approximately 10 per cent of the company's public float (as such term is defined in the TSX-V Corporate Finance Manual).
The NCIB will commence on May 20, 2015, and run until the earlier of the date on which purchases under the NCIB have been completed or May 20, 2016. The company is commencing the bid because it believes that the current market price of its shares may not fully reflect the underlying value of the company's business and its future business prospects. Accordingly, STT Enviro believes that purchasing and returning its common shares to treasury at present pricing represents an opportunity to enhance value for its continuing shareholders. The company's cash position allows for the implementation of the bid without adversely affecting the company's other opportunities.
The NCIB is to be made through the facilities of the TSX-V and in accordance with policy statements on normal course issuer bids. The price which STT Enviro will pay for any common share will be the market price at the time of acquisition plus brokerage fees, if any. No purchases of common shares have been made by the company in the past 12 months. Purchases pursuant to the NCIB will be made by Raymond James Ltd. on behalf of the company. A copy of the Form 5G -- Notice of Intention to Make a Normal Course Issuer Bid filed by the company with the TSX-V can be obtained from the company upon request without charge.
House Positions for C:STT from 20151021 to 20151021 |
7 TD Sec |
236,000 |
56,184 |
0.238 |
1,025 |
244 |
0.238 |
234,975 |
-55,940 |
89 Raymond James |
170,000 |
41,500 |
0.244 |
0 |
|
170,000 |
-41,500 |
1 Anonymous |
189,000 |
44,975 |
0.238 |
53,000 |
12,850 |
0.242 |
136,000 |
-32,125 |
2 RBC |
75,800 |
18,672 |
0.246 |
0 |
|
75,800 |
-18,672 |
79 CIBC |
50,000 |
12,000 |
0.24 |
0 |
|
50,000 |
-12,000 |
80 National Bank |
50,000 |
11,997 |
0.24 |
0 |
|
50,000 |
-11,997 |
85 Scotia |
26,900 |
6,526 |
0.243 |
0 |
|
26,900 |
-6,526 |
22 Fidelity |
15,000 |
3,525 |
0.235 |
0 |
|
15,000 |
-3,525 |
15 UBS |
13,000 |
3,087 |
0.237 |
0 |
|
13,000 |
-3,087 |
58 Qtrade |
11,000 |
2,585 |
0.235 |
0 |
|
11,000 |
-2,585 |
9 BMO Nesbitt |
4,325 |
1,016 |
0.235 |
0 |
|
4,325 |
-1,016 |
124 Questrade |
2,000 |
480 |
0.24 |
0 |
|
2,000 |
-480 |
99 Jitney |
26,000 |
6,240 |
0.24 |
27,000 |
6,484 |
0.24 |
-1,000 |
244 |
74 GMP |
0 |
|
788,000 |
189,209 |
0.24 |
-788,000 |
189,209 |