RE:RE:What’s with Mike Rose selling roughly 1 million shares Sale price is probably 1/4 of his ACB
AndyNewmark wrote:
On Mar 19 1,250,000 was sold 'Privately'. This could well be a repositioning of the shares, either to a charity, to a family trust, etc. There were other trades done in the last couple of days that were carried out on the public market. Could relate to some tax needing to paid on the private sale....who knows. I can understand the private transaction being done at such a low price, the other trades, which in aggregate, total nearly another 1 millions shares that were on the market are a bit puzzling.
Either way, Mike Rose is a high quality player & operator and I've never had a reason to not trust him.