Any updated thoughts here? Big volume dump today out of nowhere so if it's just forced seller perhaps a great entry opportunity. Just too bad their NCIB is limited to a pitiful amount of shares per day.
The company has been doing buyback blocks. I am fairly certain of it.
As of Q3 they had repurchased 1.5m shares & that increased to 2.1m when they announced their buyback renewal. It couldve only been done through a block. It was Likely done on Oct 7 when a 1m shares block traded. There was another block done with the same broker in December and I think it was them...and now today once again.
Lets see what they say during their earnings call. I have been buying shares at these levels.
Any updated thoughts here? Big volume dump today out of nowhere so if it's just forced seller perhaps a great entry opportunity. Just too bad their NCIB is limited to a pitiful amount of shares per day.
The company has been doing buyback blocks. I am fairly certain of it.
As of Q3 they had repurchased 1.5m shares & that increased to 2.1m when they announced their buyback renewal. It couldve only been done through a block. It was Likely done on Oct 7 when a 1m shares block traded. There was another block done with the same broker in December and I think it was them...and now today once again.
Lets see what they say during their earnings call. I have been buying shares at these levels.