RE:RE:RE:Huge volume for EUORingert wrote: Not sure what you're on about with regards to the .10's but one thing is pretty clear here... Without REAL news this will be trading well below .10 within a few months from now. Maybe SICPA has started selling?
The .10's are the 3.2 million options that have been granted priced at 10 cents, expiring March 11th, 2018.
Log onto Sedar.com and take a look at the November release of the Q3 financial statements to see all of the options that have been granted. I don't believe it shows up in the short version the company releases on their website. At some point those .10s will be converted into shares. Hopefully the owners of those new shares won't dump them back onto the market for a quick profit.
If you want to see if SICPA has started selling, log onto CanadianInsider.com. It currently shows the latest 10 insider transactions have all been buys. All by the NCIB or Bruce Rowlands. It sure would be nice to see a little insider support buying tomorrow.
On eurocontrol.ca, the company lists the outstanding share count as
90,780,238. I thought someone recently posted that the o/s total was 90.5M, so if it is growing, I'm assuming it is from the .13 options or .10 options being converted into shares. If those shares are then being sold, I thought that might explain the higher than normal volume we've been seeing. That is why I was wanting to know if anyone has an accurate current share count. I don't know how often the company updates this number on it's website so I don't know if it is still current.