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Midpoint boss David Wong in strong show of faith

Wong has put his money where his mouth is, raising his stake to 10.4% with a succession of purchases in the open market.
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Wong also has warrants that, if exercised, would lift his stake to 14.2%

David Wong, chief executive officer and chairman of Midpoint Holdings Ltd (CVE:MPT) has topped up his holding in the foreign exchange transactions peer-to-peer platform operator.

Over the last 30 days Wong has acquired more than 200,000 Midpoint shares through open market purchases, taking his stake up to 8.6mln shares, representing 10.4% of the issued share capital of Midpoint.

The shares were acquired for investment purposes. 

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