High Arctic Energy Services Inc T.HWO

1.2 million volume on TSX since split

[colourama]

Just thought it would be interesting to take a look at the total volume on the TSX for HWO since the separation. By my count it is about 1.2 million shares trading hands at < $1.50 since late August. That works out to be, what, nearly 20% of the public float?

[Stonksonlyup90]

What percentage of that is wash trading? Therein lies the true mystery. Hard to think there is sizeable accumulation if trading at rock bottom prices. How much did Donald Noone own through that investment fund out of New York? He was not a fan of management and presumably could have used the RoC as an opportunity to exit his position?

[colourama]

Certainly would be interested to know if VN Capital is still a shareholder in HWO, or HOH, or both. Quarterly results should be upcoming soon - next week perhaps?

[auburn2]

I'd expect him to be selling his shares, with is good news for those buying. He didn't think HWO management knows what they're doing. Also has done very poorly on the BR (Big Rock) investment, where he owns a large position and had been an enthusiastic public market buyer. Scary financials there. Can you expand on what you meant by adjusting the ACB for HWO after determinng the FMV for