TSXV:ORC.A - Post by User
Comment by
ArbProfiton Mar 03, 2020 5:14pm
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Post# 30762894
RE:RE:seriously?? $25 on 100 shares/auction ends tomorrow..
RE:RE:seriously?? $25 on 100 shares/auction ends tomorrow..There are 1,750,567 Class A shares outstanding.
Shaymar owns 1,741,975 of them.
That leaves 8,592 shares.
Perhaps that 100 share buyer shorted the stock and cannot find a seller to cover. Shaymar unlikely to sell 100 shares at any price. Let's see where this thing eventually trades.
It's unavailable to short at my broker, no surprise, but no chance I would short it anyways.
Good luck with the Class B tender offer.