RE:RE:RE:RE:RE:RE:RE:RE:Never be fooled twice by the same coAlways remember that the house never loses. Never!
Let me give you an example for more clarity.
Terry Booth, CEO and Director of Aurora Cannabis, acquired 270,000 Common Shares on an indirect ownership basis for registered holder Lola Ventures Inc. at a price of $3.678 on November 25th, 2019. This represents a $992,925 investment into the company's shares and an account share holdings change of 2.4%.
The post consolidation price of the acquired shares after 12X1=$44.13
Do you know how much he sold them for ? $21.28 and subsequently for $19.
Thats again my friend a strategy to get retail investor in, its been done over and over and everytime newbies get burnt CEO and director Terry Booth has sold a portion of his position in the company he helped found and lead to a multi-billion dollar valuation. And evidently, investors have taken notice.
The filing was published late Friday evening, with Booth reporting the sale of 48,000 shares at a price of $21.28 a piece, which took place on May 27 as the company was experiencing a slight run up in its valuation.