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WiMax company trades below cash value
VICTORIA, BRITISH COLUMBIA--(Marketwired - June 5, 2014) - Vecima Networks Inc. (TSX:VCM), an experienced designer and manufacturer of...
The sales are all lots of 100 or so.
Most likely the insider decided to sell 500,000 shares and PI found them a buyer pretty quick.
No, I'm pretty sure that the company can't just up and sell stock like that. The interesting info would be-- Did they drive the price up...
It means 5 MD in their kitty, which they are already a cash gusher. Perhaps a special dividend? Just pure speculation, of course, but no...