RE:Insider Trades of SIEBELS HARD ASSET FUNDLooks like the price of WUC will be held in check for the foreseeable future as Siebels dispose of an unspecified qualtity of shares. Siebels owned over 2 million shares with over 800,000 purchaced at $4.50 a share.
"The Acquired Shares were acquired at a deemed price of $4.50 per share. With the acquisition of the Acquired Shares, SHAF owned a total of 2,038,350 Western common shares, corresponding to 12.56% of Western's current issued and outstanding common shares." Presently they are disposing shares using CIBC and have effectively brought the shareprice down from $2.60 a share and holding firm at the present $2.00 a share.
Broker Positions for C:WUC Broker #79 from 20170216 to 20170301 |
20170216 | 1,136 | 2,733 | 2.406 | 26,525 | 63,699 | 2.401 | -25,389 | -25,389 | 60,966 | 60,966 |
20170217 | 0 | | 28,100 | 66,572 | 2.369 | -28,100 | -53,489 | 66,572 | 127,538 |
20170221 | 1,166 | 2,821 | 2.419 | 28,400 | 65,204 | 2.296 | -27,234 | -80,723 | 62,383 | 189,921 |
20170222 | 1,386 | 3,246 | 2.342 | 51,600 | 119,518 | 2.316 | -50,214 | -130,937 | 116,272 | 306,193 |
20170223 | 1,752 | 4,047 | 2.31 | 10,400 | 23,560 | 2.265 | -8,648 | -139,585 | 19,513 | 325,706 |
20170224 | 500 | 1,005 | 2.01 | 63,400 | 131,997 | 2.082 | -62,900 | -202,485 | 130,992 | 456,698 |
20170227 | 1,000 | 2,030 | 2.03 | 40,200 | 81,112 | 2.018 | -39,200 | -241,685 | 79,082 | 535,780 |
20170228 | 13,869 | 27,738 | 2.00 | 23,300 | 46,688 | 2.004 | -9,431 | -251,116 | 18,950 | 554,730 |
20170301 | 0 | | 5,400 | 10,912 | 2.021 | -5,400 | -256,516 | 10,912 | 565,642 |
TOTAL | 20,809 | 43,620 | 2.096 | 277,325 | 609,262 | 2.197 | | -256,516 | | 565,642 |