RE:RE:Those 13,000,000 SPB sharesHere's a copy of the news release:
An unknown buyer acquired 6.48% stake in Superior Plus Corp. (TSX:SPB) from Marquard & Bahls AG for approximately CAD 130 million on April 25, 2023. Marquard & Bahls sold stake through a private sale agreement at price of CAD 9.79 per share and a total consideration of CAD 127.27 million. The shareholder disposed of 13 million common shares of Superior Plus, representing 6.48% of the issued and outstanding common shares. Immediately before the disposal, Marquard & Bahls owned 36,798,364 common shares representing 18.33% of the issued and outstanding common shares. Immediately after the disposal, Marquard & Bahls owns 23,798,364 common shares representing 11.86% of the issued and outstanding common shares.
An unknown buyer completed the acquisition of 6.48% stake in Superior Plus Corp. (TSX:SPB) from Marquard & Bahls AG on April 25, 2023.
The news release says "buyer" not "buyers" so, very few people in the "general public" can afford to buy 13 million shares.