Not Fair MarketJust before the quarter financial release, on last Friday (Aug. 5, 2016), IFC sold 5 million shares in the open market. On Monday (Aug. 8, 2016), financial data and production data release with cautious wording. On Tuesday (Aug. 9, 2016), the management team granted options to CEO - a billionaire - million of shares at price of 6 canadian cents!
This is a fair market? I don't think so. Any thoughts? I really doubt a billionaire needs some 100k dollars? Or take some advantage? How could I define the greedy?