This post is just for discussion3 sellers received a total of 28M shares. According to you, which of these scenarios will arise. I am going to give concrete examples:
1) KAS bought the family’s Bureau properties for 40M shares. Roger et Alain Bureau will be appointed on the board of directors on December 13th. They intend to be long term shareholders. There is no risk that they dump their shares in short term.
2) LOT bought the rights of Planet Mining in the joint venture with Gold Corp for 13M shares. Planet needed cash afterward and began to sell to at least 2 times a part of their shares in a low price. Planet take a break. But until when? To sell 13M shares just a little at the same time and from time to time that become a nightmare for the other shareholders. That create a negative feeling on the current shareholders and a fear and that can make a difference for a future investor to invest in another company instead of LOT.