Post by
pelaboost on Mar 06, 2024 8:10pm
MC and his options
I am not really up on the legality of MC reporting his action or non-action. Or blackout periods for that matter. Or what is going on at ONC/ONCY. Or how trading in the US and Canada is governed.
So I am trying to figure out what is going on with the share price, and whether I should add a few shares.
The company have said they are talking to a number of parties. A likely known. If one of those talks progressed to a blackout, and went beyond three days, only the employees would have to be notified. At least that is what one search revealed.
I did not expect MC to exercise those options; no reason, I just felt he would not exercise. If he did not I was not concerned one way of the other, because I think there is value in pela. But when to buy with all the moves and hirings and firings, and ANSON, and AN is not easy decision.
I cannot see MC violating any rules at this critical juncture, even minor ones. I could be wrong. By not filing of his own volition, he opens up a lot of questions.
Conclusion. I am in the dark. Share Bias - will likely add a small amount, but will watch a little longer.
Cheers
Comment by
ENEMENEMYNEMO on Mar 06, 2024 9:28pm
Maybe he didn't have the funds...
Comment by
Jf4270393 on Mar 06, 2024 9:49pm
Get a life to all the people with big imaginations regarding Onc actions. If this bothers some people so much, sell, take your losses and f- off!