Quarterhill Inc T.QTRH

Another 13,000 shares!!

[maak]

Another Insider buy...Pamela Steer purchased another 13,000 shares on the open market!!  A good sign!!!

[cabbieJBJ]

Great post maak. Now let's see some of  the senior management at ETC start buying. So far as we know, Rish Malhotra is the only oerating unit manager to have holdings. 

[maak]

Hey cabbie....it looks like Rish also added to his amount last wee... He picked up a bit of the debentures!!  All good signs!!

[cabbieJBJ]

This would be Rish's second debenture buy. I believe no other insider has bought debentures.. Thank you for posting the insider transactions.

[Socrates1]

Is that a better spred? Can you explain the workings?

[cabbieJBJ]

Good question Socrates.  Here's how I think the trade balances risk and reward. Debentures purchased: SEP-2023, $10,000 @ $86.50 = 11.6 debentures ($1,000 FV) @ ~263 shares/$1,000 NOV-2023, $11,000 @ $85.00 = 12.9 debentures ($1,000 FV) @ ~263 shares/$1,000 TOTAL Shares on conversion = 24.5 debentures @ 263 shares each = ~6,445 shares  Interest on FV @ 6% semi-annual.  Held

[Socrates1]

Thank you Cabbie for taking the time to explain! Much appretiated.......Does seem a bit complex unless there is more to it of which we need a professor with PHD in finance and 3 hour course to digest all the fine print jurgons............ Go dumb money go.................