Post by
colourama on May 08, 2023 3:28pm
1,012,500 total shares bought back to date
Tallying up the latest SEDI filings, I calculate an official total of 1,012,500 shares bought back since the start of the NCIB about 5 months ago.
With 50% insider ownership, I wonder if this is in effect, a slow motion privatization? How much of a risk is there that insiders take it private for pennies on the dollar?
Comment by
CauseWhyNot on May 09, 2023 11:35am
Nah. It's fine. If you start seeing a significant cash build up, then maybe.. it if we get a cash build up, the stock price will/ should reflect a lot higher price.