I encourage all shareholders to do the same as well, More importantly a correction the trade off with the purchases and the share value ( then and now,) is a theoretical consideration not an accounting consideration. So even though it would significantly improve the situation IE reduce the theoretical acquisition cost by $6.3M it would not actually improve the results by such , and I don't believe it could have been used to offset the (unrequired) goodwill deduction. It just would be a gain, that would be difficult to account for.
IE we bough a building for $10M ( $9m cash plus $1M shares) but later on we bought those shares back for only a $100K so the building theoretically costs us on $9.1 , but it will still be in the accounts for $10 and is almost impossible to resolve accounting wise as its Share count went up , Share count goes back down to the same count ; but you theoretically got a $10M assets for $9.1M cash.
sorry about the error folks.
DannyboyLIAC
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Last
85.0¢ |
Change
0.018(2.10%) |
Mkt cap ! $147.2M |
Open | High | Low | Value | Volume |
84.0¢ | 85.0¢ | 84.0¢ | $13.61K | 16.17K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 28 | 84.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
85.0¢ | 56508 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 28 | 0.840 |
3 | 5177 | 0.825 |
1 | 1 | 0.820 |
1 | 7723 | 0.800 |
1 | 936 | 0.750 |
Price($) | Vol. | No. |
---|---|---|
0.850 | 56508 | 9 |
0.865 | 1155 | 1 |
0.890 | 14633 | 1 |
0.900 | 10402 | 3 |
0.940 | 30000 | 1 |
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