Post by
Cheeky20 on Nov 13, 2024 11:09am
Share price swings
Wonder how much volatility over the last few days was driven by people who got in at the bought deal price of $27.50 and are selling after more than 30% gains in a short period of time. i'd be buying more if it ever got to low $30's again
Comment by
Inspector on Nov 14, 2024 10:02am
Correct me if I'm wrong. But placement has to be held; for 4 months I believe. Several different rules to be adhered to. Maybe I'm wrong. Suppose technically they could sell short?
Comment by
Cheeky20 on Nov 14, 2024 11:36am
I've never seen a placement contract but i would think that if an institution is buying significant shares then there would be some sort of hold period. i was just curious if there was anything behind the steep sell off on relatively high volume over the past few days