Post by
AlwaysLong683 on Jul 17, 2023 5:11pm
Why Is Tim Froude Not Buying Shares...?
According to SEDI:
1) The last time Mr. Froude bought shares was back in December 2022 at 0.28.
2) Froude owns a total of 917,500 shares which sounds like a lot, but at 0.10 a share, the market value of those shares is only $91,750, which is quite low for the CEO of the company.
Shares can now be purchased on the open market for less than 0.10. Wonder if Froude is going to buy more, and if so, how much more from a total $ standpoint....?
Comment by
Stockpicks96 on Jul 17, 2023 5:16pm
See my post written a few minutes before you wrote this, if that post that the CEO user wrote is to believe, then yoy have your answer as to why Tim cannot buy more shares
Comment by
wreckhouse on Jul 18, 2023 11:29am
2) Froude owns a total of 917,500 shares which sounds like a lot, but at 0.10 a share, the market value of those shares is only $91,750, which is quite low for the CEO of the company. If Tim has only 917,500 shares and he is the CEO , so how many shares do the average joe need to get a seat at the table ( BOD ) LOL BCRNW
Comment by
wreckhouse on Jul 18, 2023 6:02pm
That would be a legitimate excuse, but one wonders whether this is in fact true, and if so, what is the reason for the blackout...? If this is a true fact let's hope it's all on the positive side . still buying at these lower prices and averaging down the best I can . It would be nice for all longs to get some cheep shares also . BCRNW