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Nano One Materials Corp. T.NANO

Alternate Symbol(s):  NNOMF

Nano One is a technology company with a patented and scalable industrial process for the production of low cost, high performance cathode powders used in lithium ion batteries. These unique materials are being designed to add value to electric vehicles and grid storage batteries in the global push for a zero-emission future.


TSX:NANO - Post by User

Post by Lawisfunon Jun 27, 2024 8:35am
64 Views
Post# 36108550

Was the selloff caused solely by Chair transferring shares?

Was the selloff caused solely by Chair transferring shares?

I remain unclear how a transfer of shares between Paul's accounts would have resulted in significantly increased trading volumes over the last few weeks. 


But if in fact all the recent significant increase in trading volumes and the subsequent share price collapse can be attributed to Paul Matysek selling shares from his personal account and buying them back in his corporate account, then the fact remains that Paul's actions directly led to significant losses for the entire shareholder base.  The stock is still down a lot.

Seems like a very selfish move to sacrifice the entire shareholder base and let them all suffer significantly losses to share price just so Paul could manage his personal finances.


If Paul's share transfer had nothing to do with the significant trading volumes and subsequent sell off, then we are back to the original problem of trying to understand what exactly is so off putting at Nano One that significant volumes of shares are being sold off so abruptly resulting in a share price collapse. 

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