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+--- Thread: Chandler buying more (/showthread.php?tid=3694)
Chandler buying more - Gator - 05-22-2013
Chandler Holdings Limited two more buys per SEDI
RE: Chandler buy more - Gator - 05-22-2013
+282,000 88.7295 USD 7,570,011
+275,000 90.9067 USD 7,845,011
RE: Chandler buy more - Tree - 05-22-2013
More tragic news Gator.
And he did so at the time IOC was at historical risk levels too.
RE: Chandler buy more - admin - 05-22-2013
Thanks for that! He's putting the squeeze on, excellent.
RE: Chandler buy more - CesiumFormate - 05-22-2013
Gator,
Were these options of some sort? The math does not make sense.
CF
RE: Chandler buy more - TxPm - 05-22-2013
Yeah those $7MM figures should be closer to $25MM. Lets dig into this as a board and see what we can find. If so this is big news
RE: Chandler buy more - Gator - 05-22-2013
On 5/16 he purchased 282,000 shares at an average price of $88.7295 then on 5/17 he purchased 275,000 more at an average of $90.90. Both look open market as the volume was over 1 million shares each day.
RE: Chandler buy more - MRP - 05-22-2013
The 7.5mm and 7.8mm numbers are his total number of shares held on those dates.
RE: Chandler buy more - Gator - 05-22-2013
The 7 million figure is the total number of shares he hold. Now 7,845,011
RE: Chandler buy more - Palm - 05-22-2013
CF, no math. It's showing the nr of shares and the pps he bought them at. The 7 million amounts are the total shares he now owns after each buy. The real math is that he is just over 16% ownership now. He made these purchases last week on May 16 and May 17. Very interesting. Think about the recent corp resolutions IOC enacted. Will be interesting to see if he continues and approaches the next key level of 20% ownership.