Post by
jjj123 on Aug 10, 2021 9:51pm
Wishpond has been buying back shares and cancelling them
Per SEDI insider reports, they've bought and cancelled 15,500 shares at prices between $1.25 and $1.40. Hope they are buying more at these levels!
Comment by
Th3mtl on Aug 10, 2021 10:16pm
They plan to buy back more as per the news release from June 7. They plan to purchase up to 2,590,389 Shares in total, being 5% of the total number of 51,807,799 Shares outstanding as at June 3, 2021. Also there was insider buying by the COO and co founder Jordan Guttierez Keever today for 10000 shares. Ali Tajsekandar the CEO has also been buying lately.
Comment by
Blackbear on Aug 11, 2021 12:19pm
I don't think a share buyback is a good idea at this point...they are not flush with cash