Is there a point in % ownership where Desmond has to make a take over bid ?

 

He's slowly buying common shares but depending on how many rights are left he will increase his % ownership.

 

 

Filing
Date
Transaction
Date
Insider Name Ownership
Type
Securities Nature of transaction # or value acquired or disposed of Price
Nov 22/12 Nov 21/12 Desmond, Dermot Fachtna Direct Ownership Common Shares 10 - Acquisition in the public market 5,000 $3.70
Nov 22/12 Nov 21/12 Desmond, Dermot Fachtna Direct Ownership Common Shares 10 - Acquisition in the public market 800 $3.69
Nov 22/12 Nov 21/12 Desmond, Dermot Fachtna Direct Ownership Common Shares 10 - Acquisition in the public market 600 $3.68
Nov 22/12 Nov 21/12 Desmond, Dermot Fachtna Direct Ownership Common Shares 10 - Acquisition in the public market 1,500 $3.67
Nov 22/12 Nov 21/12 Desmond, Dermot Fachtna Direct Ownership Common Shares 10 - Acquisition in the public market 1,200 $3.66
Nov 22/12 Nov 21/12 Desmond, Dermot Fachtna Direct Ownership Common Shares 10 - Acquisition in the public market 8,800 $3.65
Nov 22/12 Nov 21/12 Desmond, Dermot Fachtna Direct Ownership Common Shares 10 - Acquisition in the public market 1,700 $3.64
Nov 22/12 Nov 21/12 Desmond, Dermot Fachtna Direct Ownership Common Shares 10 - Acquisition in the public market 400 $3.63