Post by
tamaracktop on Apr 16, 2024 4:14pm
Worst case scenario
How can you hold this when the CEO is facing possible exclusion from sitting on the board of any public company for 5 years?
It's on the table.
If it happens, do you think he'll hold on to his shares?
"It won't happen" you say?
Look closely at what the AMF alleges he did.
These charges are serious.
Misrepresentation, fraud, witholding information from his board, not reporting insider trades, forgery.
.
This isn't a walk in the park.
Comment by
Sidewindergo on Apr 16, 2024 6:44pm
Who will he sell his shares to? If SP stays the same no way there's sufficient volume to soak up his shares. However, if the SP goes up and he sells, who's going to care?