TSXV:EVE.H - Post by User
Comment by
MakingIton Mar 25, 2019 1:23pm
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Post# 29532362
RE:HMMJ Buying Eve
RE:HMMJ Buying EveHMMJ is not legally allowed to purchase shares other than on the Quarterly Rebalancing Date. Which is the 3rd Friday of March/June/Sept/Dec. The share price increased, so the weighting increased proportionally. No new buying, just price changes.
HMMJ owns 4,132,876 shares of Eve .
HMMJ will actually SELL shares in June to rebalance and accomodate for the increase (assuming the price stays higher), unless they decide to increase the weighting of the holding, which would require an official announcement and letter to shareholders.