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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Marky1on Oct 23, 2016 9:13am
79 Views
Post# 25375377

RE:RE:Mark Thompson leaving

RE:RE:Mark Thompson leavingTg1960.  You are right on one account..The trade was on Sep 21.... but......the trade was not done by Mr.T...It was a margin call...which means that he borrowed money from an institution and put as collateral his shares or some of his shares of CXR...Under the loan agreement it was stipulated that if the SP fell to a certain price the institutions that he borrowed the money from would sell a certain number of the shares that he put up as collateral....So Mr. Thompson probably did not know of the sale until after it was done....
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