Caldwell dumped 250k to drop the share price to 58 cents. I don't think these shares were purchased in the market and may possibly be some of those shares that were issued for debt at 25 cents. I'd say the other creditors are kicking themselves now for not accepting the shares for debt offer. Nice to see Canaccord buying for a change.I've added a couple of media links on the right.
2 comments:
Thanks for the daily acton and new links.
As always, this is much appreciated.
Yikes
The link to the ``2010 Trading Summary`` data is now working for me. The data is from Jan to Mar. It`s interesting how BMO Nesbitt is by far the net buyer during that period, with net purchase total of 1.5M shares. I guess we`ll eventually see if that ends up being a professional type who is nibbling away while still in the process of kicking the tires on Century.
Who knows, maybe the purchases are just from a bunch of retail shareholders (with BMO Nesbitt accounts) that recognize the direction of Century. Either, we welcome the buyers - 1.5M net shares purchased in Q1 had to have been extremely supportive of the share price while we waited for start up progress to be demonstrated.
As Carib highlighted, Caldwall had 250K net sales yesterday. It`s interesting how their net sales were really high in Feb (350K) and Mar (355K) - second highest net sales in Q1, believe it or not. Assuming it`s the same person or group, it looks like they wanted to stagger the sales over several months.
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