Blackout period is and has always been a horse manure excuseStop celebrating Nano leadership for thier continued failure to deliver returns to shareholders.
So after the extended period of no insider activity we finally get an update.
Paul Matysek SELLS 265,000 Nano One shares for $1.48. Probably related to the new Canadian capital gains tax. But 100% dispells the idea that there is a blackout period which is preventing leadership from using their own money to buy at these depressed levels.
Great when share price is hitting a historic low and the chair of the board is selling. On top of that, nobody from Nano leadership is buying using their own money even with shares tradng as low as $1.31. What a fantastic message being sent to the market place.
Something is very wrong at Nano One as is evident by their utter collapse in share price. Leadership selling at these levels might be taken to imply the bottom is not yet in.