So PVD what is the plan now?
$8,012,000 (Cash at end of Sept qtr)
- $617,000 (qtrly cash burn forecast)
- $108,396 (buyback cost till Dec 31)
= $7,286,604 (Approx cash at end of Dec qtr)
261,386,330 SOI at Sep 30.
- 4,727,070 (buyback shares)
= 256,659,260 SOI at end Dec qtr
Cash backing per share as at Dec 31 = $0.0284
Also consider:
Cash on hand at end June qtr was approx $9,000,000 ($1,713,396 cash burn in 6 months)
112,944,364 Shares in JKA.
Another $57,000 spent on buyback this month.
So PVD what is the plan now? $8,012,000 (Cash at end of Sept...
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