Insiders Granted a bunch of rights to sharesThe insiders were granted a bunch of rights on March 17.
https://stockhouse.com/companies/insiders?symbol=t.pipe
I hope they were granted on the basis of operational performance and earnings and not directly on share price. I don't think those shares granted are dilutive, at least not the the extent of the recent price drop. Assuming the shares weren't already accounted for in the financials the grants amount to 0.7% of the outstanding shares.
Nothing has changed with the fundamentals of thsi company. External factors and some understandable profit taking are likely culprits. I mean if I were on a sub $0.50 average share cost (which I am not) I'd have been taking those profits and getting them into a safer investment.