Post by
Commonguy on May 26, 2023 11:01am
MITHAQ ACQUIRES ADDITIONAL COMMON SHARES OF AIMIA
I can't see the fact Mithaq purchases over 9 million shares being a good thing. On the list of top shareholders Mithaq is number one and they appartently made a deal to buy the shares on the next three highest shareholders. With Mithaq now owning 30 % a takeover will be likely and we will make very little.
Comment by
AIMIATURD69 on May 26, 2023 1:50pm
How much were you expecting to make with Mittleturd? How much do expect to make with Mithaq? Right now, 5.00 would be a dream. I would consider that a real christmas miracle in 2030.
Comment by
Commonguy on May 26, 2023 3:33pm
I would gander to say that if the second , third and forth largest shareholders that sold out for $4.05 per share(over 9 million shares) would definitely know that something is wrong here. If they bailed out at $4.05 at share knowing how Amia is being managed and knowledge of the share buybacks we all should see the writing on the wall.
Comment by
nedstar71 on May 27, 2023 12:07am
Yes not a great sign. Upside just got a beat down. I now question whether they'll even bother with the NCIB. I'm shocked it was that easy to get all those shares but as you say they must not like what they see to sell at such a small premium to current price and what may even be an overall loss.