Bullboard - Stock Discussion Forum SQI Diagnostics Inc V.SQD.H

Healthcare Medical Devices

SQI Diagnostics Inc. is a Canada-based company that is focused on lung health. The Company is engaged in the development and manufacturing of respiratory health and precision medicine tests that run on its fully automated systems. Its clinical solutions include Rapid Acute Lung Injury Diagnostic (RALI-Dx), lung transplant diagnostics, COVID-19 testing and surveillance testing solutions. Its... see more

Add To Watchlist

TSXV:SQD.H - Post Discussion

SQI Diagnostics Inc > Nov 21 SEDI for three insiders. Please explain why?

View:

Post by pirateinvestor on Nov 22, 2022 10:24am

Nov 21 SEDI for three insiders. Please explain why?

On Nov 21 each of the three insiders posted 10 - acquisition or disposition in the public market 12,000 shares each for .098c. Why are they doing these small SEDI trades ? Please help me understand.

PI

188

Comment

Comment by GeeJay20 on Nov 22, 2022 11:09am

It´s all about controlling the price. Directing it towards some good entry point for their accumulation. To keep majority of shares while dilution is financing the daily business ... ;-)

120

Comment

Comment by 25Stone7859 on Nov 22, 2022 2:18pm

I very much doubt the three big owners are contolling the share price. Firstly it's illegal and any such activity doesn't fit their reputations. Secondly, 36,000 shares is tiny and does not constitute a volume threat. Thirdly, each of these biggies owns more than 100 Million shares so accumulation is not a consideration. I think the biggies have moved beyond dilution as a way to finance ...more

173

Comment

SQI Diagnostics Inc