That doesn't make sense when you are growing triple digit and disrupting an industry with your unique MCP technology. Not to mention, the potential to disrupt many other industries. The best way to allocate capital now is to grow the business, not to return it to the shareholders. Of course management knows, but Lev wants to buy as much as he can at the lowest price possible, and that's the reason why we see this kind of announcements.
Ann: Capital Reduction & COVID-19 Update, page-12
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78.0¢ |
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Mkt cap ! $48.71M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1999 | 78.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 5000 | 1 |
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