Post by
dart321 on Jan 22, 2020 1:26pm
Based on
escrow share agreements, insider ownership as per sedi there appears to be a free trading float of aprox 5 million shares of which insiders and friends of insiders own aprox 2.7 million and as per sedi they have not been selling. So as best as anyone can tell based on public info the real tradable float at present is about 2.3 million shares until this new pp becomes free trading. What happens from this pint on is any ones guess. One thing is certain the news releases going forward will have to change from being vague to clear and complete. Their financials will have to compare to their piers in the quality of information. The future of this company depends on these things and detailed news of sales or contractual agreements that are just as detailed.
Comment by
dart321 on Jan 22, 2020 1:35pm
More information, since the roll back trading totals on all Canadian exchanges has been 3,547,000 shares. Based on this info added to the insider holdings the free tradable float has turned over.