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No that is why it is underhanded, usually BOD and management don't know who is accumulating. I may be wrong but I can't understand why this share which is a multi bagger is being dragged down.
I am probably wrong but this is something I have thought of before. I am not sure what % the BOD own.
Reading one of the threat how the market works driving the price down so they can be accumulated for their clients, many backdoor takeovers have been done like this. The fact it keeps being removed make me more suspicious
Taken from the article
The idea behind my group is to bash the price of a
company’s stock down low enough to where the group of investors who
retained our company’s services can buy the stock really cheap and
perhaps even take it over all together.
https://conscientiouscapitalinsights.com/confessions-of-a-paid-short-or-basher/
Great little article on how the mining road map works
https://www.visualcapitalist.com/mineral-exploration-roadmap/