The board needs to engage with more institutions. If we had 4 or 5 of them then the price would start to work its way up I believe.
Is there any capital management strategy available to the company that would tighten up its register now? Once they start producing they can do share buy-backs.
I don't think the company needs to consolidate but maybe they could facilitate an institution mopping up 10 % of the company's shares. Imagine if instox said they wanted 10% of the company. The company said we don't need to raise cash so just buy them off the market. Instox thinks this will take too long to get their 10% and they risk paying a premium y progressively forcing the share price up.
So what if the company facilitates a buy-back scenario where the company announces insto x wants to buy $10 Million dollars worth of shares (approx 10%). If large holders agree to stay out the process then small holders can tender their shares at a price of their choosing and Insto X can accept these offers to any cut-off price that it chooses to.
is this feasible? and if so does anybody think the small shareholders would just take it as a signal to hold onto their shares? or is it worth a try?
disclaimer; the above post is placed in the spirit of the forum where small holders get to swap their ideas despite probably being wrong so do your own research.
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Last
$3.38 |
Change
-0.010(0.29%) |
Mkt cap ! $1.384B |
Open | High | Low | Value | Volume |
$3.35 | $3.41 | $3.27 | $7.852M | 2.345M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4391 | $3.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.38 | 12140 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4391 | 3.370 |
4 | 14790 | 3.350 |
1 | 1826 | 3.340 |
1 | 1826 | 3.330 |
3 | 62347 | 3.320 |
Price($) | Vol. | No. |
---|---|---|
3.380 | 12140 | 1 |
3.390 | 12143 | 1 |
3.400 | 57329 | 4 |
3.410 | 25969 | 3 |
3.420 | 16826 | 4 |
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