Q3: Employees bought at C$1.27 and CPH repurchased at C$1.14Some emotional short-sighted investors sold dirt-cheap CPH at C$0.85 two days ago while ignoring the company's strong fundamentals and super low key metrics.
In the meantime, CPH bought back 30,000 shares at C$1.14 in Q3, read its quarterly report:
"During the period ended September 30, 2020, the Company purchased for cancellation 30,000 common shares at an average price of CDN1.14 per common share."
Additionally, CPH issued 13,000 shares for its employees at C$1.27, facts below:
"Share purchase plan: The Company's ESPP allows employees and directors to share in the growth of the Company through share ownership. Through the ESPP, employees and directors may contribute amounts to purchase shares of the Company at a 15% discount from the prevailing trading price. Plan members must hold their shares for a period of at least six months before they can be sold. During the three months ended September 30, 2020, 13,077 shares were issued under the ESPP at weighted average trading price of CDN$1.27 per common share. "