Yes, but our SP under $1 is friggn ridiculous... Management should know this with their operational success.
Reinvest for growth is a good strategy, but when we will have a few hundred in the bank forecasted by the end of the year, $50M to $100M for a buyback is the far better strategy.
Much better than a 3c dividend, which would cost the company around $55M anyway.
Banter and general comments, page-25112
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12.5¢ |
Change
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Mkt cap ! $267.8M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $200.1K | 1.540M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 2408542 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 3718716 | 50 |
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