Post by
Djwburr on Nov 16, 2018 4:45pm
Do Market Makers want to walk this higher
So Auxly can bring down their ownership to the 10% requirement set forth by the province of Ontario? Don’t say it’s ridiculous because IMO Auxly will definitely need to unload some shares one way or another. They need this walked up so they don’t kill it offf
Comment by
Jessa7 on Nov 16, 2018 5:43pm
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Comment by
Djwburr on Nov 16, 2018 7:11pm
Thanks for the confirmation. Hopefully they are not forced to dump. The streaming model they have set up you would think would have them exempt from the 10% rule but then again we’re dealing with government. In any case, if the move today was of genuine investors this could be the start of smashing down some resistance. Good luck!
Comment by
Chrysanthalas on Nov 16, 2018 11:03pm
How much of Ish does Auxly have?
Comment by
Djwburr on Nov 17, 2018 8:29am
Auxly has 27,263,158 shares of Inner Spirit as at Sept 30th.
Comment by
predawn on Nov 17, 2018 7:26pm
this will be a interesting wrinkle for sure and will cause market desention ]]]]]][ quote=Djwburr]So Auxly can bring down their ownership to the 10% requirement set forth by the province of Ontario? Don’t say it’s ridiculous because IMO Auxly will definitely need to unload some shares one way or another. They need this walked up so they don’t kill it offf[/quote]
Comment by
Jessa7 on Nov 17, 2018 8:05pm
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Comment by
predawn on Nov 17, 2018 9:17pm
XLY claim a 15% ownership? one assumes thats a fully diluted claim? the new law does not have anything to do with "controll of a LP" it simply states a LP "or its afilliates " hold more than 9.9% and clearly XLY holds 15% and are Clearly a Afilliate;;
Comment by
Jessa7 on Nov 17, 2018 9:43pm
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Comment by
Jessa7 on Nov 18, 2018 5:07am
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