Nano One Materials Corp T.NANO

Was the selloff caused solely by Chair transferring shares?

[Lawisfun]

I remain unclear how a transfer of shares between Paul's accounts would have resulted in significantly increased trading volumes over the last few weeks. 

But if in fact all the recent significant increase in trading volumes and the subsequent share price collapse can be attributed to Paul Matysek selling shares from his personal account and buying them back in his corporate account, then the fact remains that Paul's actions directly led to significant losses for the entire shareholder base.  The stock is still down a lot.

Seems like a very selfish move to sacrifice the entire shareholder base and let them all suffer significantly losses to share price just so Paul could manage his personal finances.

If Paul's share transfer had nothing to do with the significant trading volumes and subsequent sell off, then we are back to the original problem of trying to understand what exactly is so off putting at Nano One that significant volumes of shares are being sold off so abruptly resulting in a share price collapse.

[Lawisfun]

The good news is, if Paul is at fault for the recent share price collapse, then we should see a sharp share price recovery now that he has his personal finances all  in order.  I'm choosing not to hold my breath. 

[Lawisfun]

Look at the Nano One, 1-month share price chart. Since these increased volumes occurred over the past 1-month leading up to the deadline for the new Canadian capital gains taxes ended (June 21, 2024), Nano stock is down 25% (and is still down 25% as of today).  It is incorrect to say that the actions of those abruptly selling to get their own personal finances in order has not caused any

[Roadhouse84]

This is too funny. You have absolutely no clue how this all works, do you?

[Lawisfun]

Hi Roadhouse thanks for the response. I was getting lonely with nobody engaging me on the board.  Yes correct, I cannot explain why the stock has dropped 25% in 1-month as a consequence of the high trading volumes we experienced.  Please share with the community how all the trading volumes which are purportedly from our Chairs transfers lead to a collapse of 25% in stock price