Followers | 9 |
Posts | 998 |
Boards Moderated | 0 |
Alias Born | 04/05/2013 |
Thursday, July 20, 2017 1:13:22 PM
I had to read this a couple of times to get the point. If he waited until the appreciation happened, he would have to pay more tax. By converting now, he's taking a risk that it won't appreciate, in which case he'll be stuck with worthless stock. Therefore we can assume he's highly confident it will appreciate. All makes sense.
Do you have any notion of how the board dynamics may be operating? Not every board member knows about all the negotiations, of course. But I have wondered whether Bunting (or others) would know ahead of time whether a contract is coming, and thus be unable to buy stock.
If that is the case, it means that any kind of buying now seems somehow more anticipatory. If they wait until they actually know a contract has been agreed upon, they cannot buy. If they wait until that's public, they won't be able to get cheap shares (well, it's different for these board options).
I expect that Buchler, who said he will be leaving Kinder Morgan I believe on July 29 (can anyone confirm?) will have to do some buying before we see a contract. I expect that Richard Munn will also have to do some buying before we see a contract.
If both of them wait, then they could potentially pay a lot more for their shares. Am I mistaken in that assumption?
Recent QSEP News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/09/2024 06:58:54 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 11:57:06 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/10/2024 07:15:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/13/2024 08:39:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/05/2023 01:05:12 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM