RE:Some good pointsHello ridethewinners.
You stated "Dumont, your comments make good sense. My guess is the runup was mostly as investors expected a faster adoption than NanoX was able to do. A combination of covid slowing or even stopping a lot of innovation, and the IRA completely upending the economics of building out new technology cost NanoX 2 years."
You, ridethewinners, are pointing to the manifested symptom; not the actual cause of the then slow and steady priming and pumping upward of NanoXplore's share price to heights which were, at the time, unexpected by many and yet engineered, orchestrated and triggered into being by and on behalf of a collective group of then "interested others".
We note the "interested others" I've alluded to would be certan persons concertedly operating with and on behalf of certain institutional investors and their high net worth clients.
Such "interested others" whom I speak of were likely persons who in addition to front-running and thereby capitalizing upon the clear arbitrage which was to be presented for them as investors holding a exposure to MSCI Canada Small Cap Index units and their respective equity holding of NanoXplore, had likely steadily directed retail investor clients toward purchasing shares of a company, NanoXplore, which was soon to be added as a underlying MSCI Canada Small Cap Index constituent company.
At that time and whilst knowing what they quite reasonably would have known well ahead of time, NanoXplore's C-suite representatives and the company's directorate members intentionally elected not to put out a requisite news release informing NanoXplore "minority" shareholders of the very fact NanoXplore was to be added to the MSCI Canada Small Cap Index as a underlying constituent company.
By the way, you can bet your assets that the NanoXplore institutional shareholders and those clearly preferred larger NanoXplore shareholder knew about the company's then pending inclusion as a MSCI Canada Small Cap Index underlying constituent company.
You, ridethewinners, may be asking (certainly not I; I know the answer) why the company's officers and directors chose not to immediately inform NanoXplore "minority" investors of NanoXplore having been selected as being added to the MSCI Canada Small Cap Index?
Here's the short answer for you. The company's officers and directors expressly did not consider such a achievement to be worthy of the company's officers and directors issuing a company press release for all company shareholders to equally become aware of such clearly positive news.
We note Mr. Nazarpour himself suggested that they only prefer to announces news of "tangible deliverables" or news which you "can put a dollar amount to".
Now isn't that quite the suggestion on his part.
We know that NanoXplore's then pending addition to the MSCI Canada Small Cap Index served in facilitating the placing of much more than "a dolar amount" to NanoXplore's share price, a intraday high of $9.03 on November 9, 2021, and yet such news simply was not worthy of a simple two sentence company news release?
I digress - not really.