OTCPK:GMNFF - Post by User
Comment by
nozzpackon Aug 31, 2022 9:07am
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Post# 34931890
RE:RE:GMN has bought back 13 m shares since 2012
RE:RE:GMN has bought back 13 m shares since 2012 Yes of course but they currently have NCIB to purchase up to 2,459,749 common shares.
So, they are still intent on reducing by significant amounts the remaining 4 m or so of non insiders.
As continueing to remove almost all remaining non insiders essentially means virtually no public trading for GMN, a public listing is redundant and wasteful
This convinces me that going private is the name of the current game.
As for Aimia of which I hold a whack, I have been in contact with the largest shareholder, indictaing to him our general views as to the incompetence of the Mittelmans and suggestiosn for a coml;lete BOD change.
I am awaiting to see the outcome of the planned acquisition of cash flowing busineses first, after which I will resume my contact.