Gee, umm, that's a lot to take in. I guess it's steady as she goes boys, but that's quite a lot of change. Glad they suspended trading until it can sink in more objectively.
Printable View
Gee, umm, that's a lot to take in. I guess it's steady as she goes boys, but that's quite a lot of change. Glad they suspended trading until it can sink in more objectively.
Am I the only one that finds it curious that the co-founder is selling out completely before they break even at a cash flow level, (after breaking their promise in that regard last year).
@beagle
No you're not alone thinking that.
Yes, probably, a bit worrying.
Depends on who the optimistic buyer is, how deep their pocket is and how long their horizon is.
Not often good when an insider bails, especially a founding shareholder with deep insights.
Nervous times for holders. Trading halt for an "orderly market" is code for this announcement would guarantee a disorderly response!