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Bullboard - Stock Discussion Forum Verde Agritech Ltd VNPKF


Primary Symbol: T.NPK

Verde AgriTech Ltd is an agricultural technology company that produces potash fertilizers. The principal activity of the Company is the production and sale of a multi-nutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, Silicio Forte, and internationally as Super Greensand (the Product). K Forte is a potash fertilizer that is a source of potassium, silicon, and... see more

TSX:NPK - Post Discussion

Verde Agritech Ltd > ASDP Insider sales
View:
Post by DiggeDiego on Oct 14, 2023 1:41am

ASDP Insider sales

So Cristiano sold shares all 4 days this week since the ASDP was activated. This is probably how it will look in the coming 36 months.

The SP will get worse before it gets better. But how low? Tax loss selling and a bad Q3 coming up, I think below C$1, maybe as low as 60-70 cent Before this ship turns around....
Comment by Mexiurl on Oct 14, 2023 6:04am
There is a trend...before we reach quarterly numbers, likely nowhere near the very low guidance, there are announcements to try to keep focus away from sales, which is pretty much the only metric that counts. I felt sheepish selling some at 2.50. for a decent loss. But now NPK is in a severe position of weakness, flirting with its very existance. Maybe new guys can generate sales. Your scenario is ...more  
Comment by northmark on Oct 14, 2023 8:22am
If the ceo is dumping before next quarter numbers it must be bad. 
Comment by DiggeDiego on Oct 14, 2023 8:59am
Its an automatic share disposal that will go on for 36 months. He's selling half his position this way...
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