GREY:PGDIF - Post by User
Comment by
Oregonduckon Aug 29, 2018 3:23am
117 Views
Post# 28533733
RE:RE:RE:RE:Exchange Trades?
RE:RE:RE:RE:Exchange Trades?ekim wrote: Friedlands are still considered Insiders. They would need to disclose any purchases via SEDI.
I saw the 20 cent options exercise reported...but no open market buys.
LONG...whiteknight
EKIM
I said the Friedlands or their proxies could have been buying up the shares in the open market to account for the trading. Under the Canadian takeover laws, eligible institutions such as hedge funds, Dundee, etc. can avail themselves under an Alternative Monthly Reporting System (AMRS) rather than the Early Warning Insider Reporting system. It is permissible to solicit proxies under AMRS for reporting purposes. Accordingly, it can be used as an accumulation strategy.