RE:RE:New Press Release - Aeterna Zentaris Announces Results of Virtual 2024 Meeting of ShareholdersCiao wrote: Explanation for the recent runup in the share price.
They can see the votes in advance of the AGM so it became clear that Gilles needed some help in the amount of about 20K shares. So just prior to the meeting, we saw a runup in the share price due to poor liquidity as 20K friendly shares were effectively bought at market.
Oats, unfortunately not enough and too late. Never give management the benefit of the doubt or unending trust. When he suggested that you not partake in conversations with others leading up to the merger approval, that was a clear sign that he wanted you to see only his narrative.
My error, technically one had to be owners of shares with a record date of June 14th to vote, so the runup was for another reason as others thought, just to buy YES votes based on short term share price performance leading up to the AGM.