RE:RE:NEW SEDI report, company bought backAlso note that during November and December 2021 PyroGenesis purchased 840,094 shares (and cancelled them) ranging in price from $3.67 to $4.64 (through PYR's NCIB). This is a huge sign of confidence (utilizing this amount of cash), as Peter knows what is coming in 2022 for PyroGenesis.
Long and Strong in PyroGenesis!
BCONTVentures wrote: Yes, PyroGenesis bought back and cancelled 107,000 shares in December 2021 (in addition to the other shares bought back and cancelled throughout the year 2021). Great to see the NCIB being utilized.
Long and Strong in PyroGenesis!
qwerty76 wrote: and cancelled by my calculation 107,000 shares at an avg price of $3.96 during the month of December. All of this while the shorts added over 500k shares to their short position.
If the company can put together a great contract and force the shorts to cover there wont be as many shares available and the price will rise rapidly.
GLTA