RE:NCIB - are the insiders done selling?Seeing the volume stats that Gunner posted, it was for tiny amounts (10K units?) and they made nothing on the trades. Kinda pathetic.
Almost not worth it IMHO.
MyHoneyPot wrote:
Did they stop the NCIB so that Bibby the CFO and Ryan Berrett could sell some of his options?
Does that not make a compelling arguement for share buyback, you buy them back to the point that the Vice President of Marketing, and the CFO can set in and sell off their options?
Sound like a great way to insure share holder returns, make their options good so they can sell them off.
Next we will hear they have resumed the NCIB now they they have sold into the market. It seem like the shareholders and the management are in such tight alignment, it could not be a better relationsip.
Essentially they have their hands in your pocket, telling you how they are returning capital to shareholders, while the share holders are essentially paying for them to CASH OUT.
Great Management team.
IMHO