Nexus Industrial REIT T.NXR.UN

Insider Buys

[DanielDarden]

It is difficult to envision a scenario wherein this issuer is in trouble with all the insider buys in Q2. Yet sellers obviously are not as optimistic. Selling begets more selling until astute buyers have taken advantage of the fearful. I would think that the insiders are most astute.

[ScroogeMcDuck1]

Yeah an insider just spent 1.4 million on shares this week.   A pretty big statement 

[claritas]

I just checked on the INK Research site and all they show is 100,000 shares bought by Edwin McLaughlin on June 26 and 25 for a total of 200,000.  This is nice to see, but where did you get the $1.4 million?  Thanks

[ScroogeMcDuck1]

Thats the buys.   200,000 units at 6.80 is 1.4 million dollars. Date Issuer Insider Transaction Amount New Balance Filed 2024-06-2614:35   Tx date 2024-06-26 $NXR  Nexus Industrial REIT McLaughlin, Edwin E 6 - Director or Senior Officer of 10% Security Holder

[claritas]

You are of course correct.  My fault for typing away too fast....  Good sign from an insider!  Thanks