RE:RE:RE:RE:RE:I effin hate Canaccordrefresh; I appreciate the sentiments. And trust me, I am no doomsday theorist. My pessimistic view towards Canaccord comes after years of seeing house #33 pound juniors to pennies so they can earn a nickel or a few points profit and help the company "bottom line". Sorry pal, the brokers do have an M.O., & that is to make the house profit, first, then the client.
Unfortunately you fail to recognize that those "brokers" rarely take orders from clients and are paid because they are a "full service" broker which means the broker makes the buying and selling decisions on behalf of the client. Not the other way around. (very rarely) hence why online/discount brokers dominate the trading landscape these days as most of us do our own research and DD and decide what, where and when to buy and sell.
Canaccord doesn't operate under the same methodology! They are a public co. and have quotas and earnings to keep in mind and making the house profit is their #1 priority.
Back to EGX, I'm not sure that I follow your analogy of mgmt, etc. You say they've pushed investors into PPs and yet Aura is the one buying all of the PPs?
You see there is motivation for someone to "hold down" the price and perhaps Aura is the one that "wants" to accumulate more shares down here (sub .10) all the while pressing the share price & gobbling up more stock for an eventual take over. (leverage)
As far as the one seller, selling slowly from Canaccord, they've sold 13 Million shares "slowly" over 2 years while barely accumulating any? Sure they may not want to 'crash the price' but they are not allowing the share value to rise either(get over 10), which you would think they would want to see as there would be more profit. Unless the motiviation is as I've suggested, accumulation for the exit - which I'm starting to think more and more is the play here? thanks for your time...