RE:RE:RE:RE:RE:When the fish aren't biting, the Whales play....Ah....see, what they say is true.. A little information is a dangerous thing :)
Thanks for the information. Let's see what SEDI shows in a few days
malx1 wrote: Pretty sure we've been over this in the past.
Yes, there are daily limits of approx 2,400 in the open market.
There's also weekly exemptions for Blocks of shares:
"
Block Purchase Exception There is an exception to the TSX daily limit under which a listed issuer may make one “block purchase” per calendar week which exceeds the daily limit. The TSX Company Manual defines “block” as a quantity of securities that either (i) has a purchase price of $200,000 or more, or (ii) is at least 5,000 securities and has a purchase price of at least $50,000, or (iii) is at least 20 board lots of the security and totals 150% or more of the ADTV for that security. For example, if the TSX daily limit is 25,000 shares and an issuer has repurchased 20,000 shares during a trading day, the issuer can make a “block purchase” from one seller of 100,000 additional shares for $1 million and thereby surpass the TSX daily limit of 25,000 shares. However, once the block purchase exception has been used, the listed issuer cannot make any further purchases under its NCIB for the remainder of that trading day and cannot use the “block purchase” exception again during that calendar week."
We'll find out more next month.
My guess is that one or both these blocks were absorbed by GH.
That, or Kasking took them for his TFSA.
