RE:RE:RE:RE:RE:RE:RE:RE:RE:[] 2023 Prediction [] That is good advice for everyone to follow.
I intend to follow your advice and reach out to Nano to get some information from them directly. I do trust both Paul and Dan had a good reason to sell shares and I do not believe it would have been related to the company needing them to sell their own personal shares on the public market for the company to satisfy fulfillment of Nano options obligations to staff. That would certainly not be good for a company to require that type of personal sacrifice from their COB and CEO and I trust that is not the case with Nano.
One specifically interesting observation is that Paul sold 17,600 shares on November 29, 2023 for an average price of $2.25 CAD per share. This trade is registered as a sale of common shares on the public market. And therefore this trade looks to have defined a new 52-week low prior to year-end 2023.
The interesting part is not that a new 52-week low looks to have been defined (as some people in the community had predicted would happen). The interesting part is that this trade does not seem to have made the tape. I'm not clear on the mechanics that would facilitate a public market trade but not appear on the tape and therefore be referenced publicly as the new 52-week low.
I'll ask Nano investor relations and see if they can add some colour to that transaction.