Post by
ICNick on Jun 11, 2024 10:44am
Disgruntled employee? Just a comment.
On may 6th we read "Nickel 28 today announced that Mr. Anthony Milewski, former Chief Executive Officer of the Company, Mr. Justin Cochrane, former President of the Company, and Mr. Conor Kearns, former Chief Financial Officer of the Company, have been terminated for cause with immediate effect after the Company found evidence of serious misconduct, breach of duties and obligations, repeated lack of judgment, care and diligence and non-compliance with various of Nickel 28's policies and procedures.
Nickel 28 is currently in a blackout period until they file their 2023 annual financial report, which means that key exec, past and present cannot trade (at least directly) Nickel 28 stocks.
There might be disgruntled people out there who are not happy about what has happened lately.
When I see this morning, June 11 @ 10.00 am, that 9,000 shares have traded at 8% less than yesterday for no actual reason, I am wondering why is that? The loss of $0.06 per share or $540 CAD on 9,000 shares is setting back Nickel 28 value by $5.7 million CAD. I let you draw your own conclusions.
Looking forward for new management to file and set things straight for the sake of their loyal investors.