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Imax director Douglas sells out of undervalued ikeGPS

2 min read

Imax Corp director Kevin Douglas has sold down his stake of ikeGPS, just as Forsyth Barr analysts see growing tailwinds for the power pole analysis firm.

The Douglas family dropped below the 5% substantial shareholder threshold on Jan 28 when it sold 3.8 million shares for $2.3 million, or 61 cents each, leaving it with 3.7% of the company. In February 2023, the family trust sold 4 million s...


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