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Bullboard - Stock Discussion Forum OrganiGram Holdings Inc T.OGI

Alternate Symbol(s):  OGI

Organigram Holdings Inc. operates through its subsidiaries. The Company’s major wholly owned subsidiaries include Organigram Inc., 10870277 Canada Inc., The Edibles and Infusions Corporation (EIC), and Laurentian Organic Inc. (Laurentian). Organigram Inc. is a licensed producer (LP) of cannabis, cannabis-derived products and cannabis infused edibles in Canada. It is focused on producing... see more

TSX:OGI - Post Discussion

OrganiGram Holdings Inc > OGI sold shares at $2.15
View:
Post by Magnitude on Mar 28, 2024 2:14pm

OGI sold shares at $2.15

Does no one realize that the units sold at $3.23 price shares at $2.15 plus dilution brings the sp lower and thats why insiders sold at $2.74 so why the heck is anyone paying more than $2.25 which would be a premium of $0.10 to what the company valued themself at...I have swamp land for sale if you guys are interested..lol
Comment by stock1310 on Mar 28, 2024 3:19pm
Only ONE insider sold shares, McFadden, sold her 50,000 shares. So when you say insiders (plural) your are being disingenuous and no one should take you seriously.  When the overnight public offering news came out the share price was at 3.65 and the dilution being at 11% should have brought the price down to 3.25.  So the market is exaggerating at the moment.  
Comment by Duster340 on Mar 28, 2024 3:31pm
she never sold 50K she sold 11K 2 $3.06 CDN Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction Volume or Value Price Mar 22/24 Mar 20/24 McFadden, Katrina May Direct Ownership Common Shares 10 - Disposition in the public ...more  
Comment by stock1310 on Mar 28, 2024 3:35pm
Look at SEDI carefully, there was 1 transaction on Mar 20, 2024 for 11,000 shares and 3 transacrions on Mar 13, 2024 for about 39,000
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