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Re: kabunushi post# 597582

Thursday, 06/01/2023 2:54:06 PM

Thursday, June 01, 2023 2:54:06 PM

Post# of 700534
I also thought that was the case. However one thing still bothers me about this understanding. Why then, on the eve of a big deal that will add multiples to a stock's value, can not the ceo of the firm sign an NDA with his best friend, and sell him a large bundle of newly minted shares and make him very rich. He is not gaining unfairly against any particular shareholder, but it still seems unfair to all the current shareholders as a class who are being denied the same opportunity to cash in or being unfairly diluted.
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