MDA Space Ltd MDALF

Always a good sign...

[zack50]

Between Sept. 7–20, Louis Vachon, who sits on the board of directors, acquired a total of 50,000 shares at an average price per share of approximately $7.66, increasing this particular account’s position to 220,000 shares. The cost of these purchases exceeded $382,000, not including trading fees.

Previously, we reported that between Aug. 16 – 29, Mr. Vachon invested over $688,000 in shares of MDA. He bought a total of 85,000 shares at an average cost per share of roughly $8.10.

[rznimrod]

Hi Zack, Any idea why this thing is constantly headed down?  Are we the only ones who own this thing? Rznimrod

[zack50]

Yes, for sure there is not much conversation here, is there! MDA has been disappointing in it's share price but obviously the entire market has been in the doldrums as of late. While MDA has continued to deliver on growth from its core business lines, it's worthy to note that their timetables for key programs have been delayed... notably the status of Telesat Lightspeed. I do feel that