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Bullboard - Stock Discussion Forum Enwave Corp V.ENW

Alternate Symbol(s):  NWVCF

EnWave Corporation is an applied dehydration technology company. The Company’s principal business is the licensing of its intellectual property through royalty-bearing agreements and the design, construction, marketing, and sales of vacuum-microwave dehydration machinery for the food, cannabis and biomaterial industries. It has entered into 54 royalty-bearing commercial licenses with and sold... see more

TSXV:ENW - Post Discussion

Enwave Corp > Wow one year of momentum wiped out in 15 minutes
View:
Post by ITSUP2ME on May 27, 2021 4:08pm

Wow one year of momentum wiped out in 15 minutes

.
Comment by Possibleidiot01 on May 27, 2021 5:03pm
It was two trades of about half a million shares each about 3 pm i guess somebody reached the end of their patience and somebodyelse was happy to take advantage of their frustration. This is why you have a normal course issuer bid. "As of October 19, 2020, the Company had 111,409,755 common shares outstanding. Under TSXV policies, EnWave is entitled to purchase up to 2,228,195 shares in any ...more  
Comment by lbell on May 27, 2021 5:27pm
Do you think it was Enwave? Either deciding to grab a million shares cheap or them trying to support the price in case it went even lower?   Really hoping MMJ gets legalized soon in the US. That could more than make up for Moon Cheese.
Comment by Possibleidiot01 on May 27, 2021 5:51pm
I have no idea if it was the company but I doubt it. Interestingly most companies have limits on what they can buy per day based on historical trading volumes with exceptions for a block trade a week that exceeds  that amount . I can't find any limitations for Enwave. The following is from Trican to give an example of what I am talking about . "The public float for the Company's ...more  
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