Not sure how this works and if anyone can clarify it would be appreciated.
Obviously an identity holding less than 5 % ... i.e. 4.99% does not have to report,
However, if as an example ... an identity held more than 5% of shares on 20 May when they were at $ 7.01-11 and then sold that afternoon, and continued selling for the next one/two trading days reducing their holding under 5%; but then repurchasing the same amount of shares the next day when the price was $ 5.40 ... what are their reporting requirements and how closely are they monitored?
Alternatively. I assume they can sell shares in small tranches ( less than a million) and just buy them back within an even shorter time period (?)
MYX Price at posting:
$5.41 Sentiment: Buy Disclosure: Held
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