Buy backs don’t generate share value unless eps is the cause for low sp values, which in this case it’s not. What we need is an accretive acquisition using shares. This gives us increased spread along with increased results. Founders won’t participate in a share buy back, not only because they don’t need the coin but they have shown to be in for the long haul. It can also be unrealistically seen as a bad look for them to be selling in a buy back.
VMX Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held