RE:Recent pressure on the share pricelonade wrote: was doing some DD lately and was thinking who could be selling all those shares.
cant be one of the bigger players in europe (i know lewis has been saying its someone from europe BUT) since they are all to benefit from the success of the company on the long term and it has to be someone with a seven digit holding.
So Dundee came to mind...everybody had big hopes in them. Those that were invested in the Woulfe days will also remember.
But it turned out that they have been quite useless for the company and a complete disappointment.
I looked into their financials in Sedar. Just take the MD&A from 11 May or 10 Aug 2022, those show 4,459,500 Almonty shares.
Since the selling started after those reports, I am certain that the upcoming financials will show a significant reduction of shares by at least 1 mio shares.
It cant be anybody else....
The question I have to Mr. Jonathan Goodman (any shareholder with some spare time could call him...), la familia appeared to be such big supporters, so why sell now? is it because they were left out completely on the financing and are holding a big grudge against management?
lets see if my speculation is confirmed with the upcoming financials.
well its confirmed that it was them LOL.....
the latest MD&A (Page 19), published 11th Nov, shows 3,553,000 shares compared to 4,459,500 previously
the MD&A can be found under SEDAR