Ill get my views in early on this one to prevent commenting as Harry hindsight....
- Most important thing i would want to see is no debt whatever the outcome.
- Secondly, don’t buy stock back - keep or use the cash wisely. I would have loved to see this deal go ahead because it was such a complimentary business with lots of government contracts. The cash can be used to renegotiate this deal, or if the vendors won’t budge, a future one. Not sure who would be using cash to buy stock back in this envoironment - never before have there been better opportunities for innovative companies to use cash. If you are a disruptive tech company and buy stock back now, you truly have run out of ideas.
Ann: Trading Halt, page-11
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64.0¢ |
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Mkt cap ! $242.1M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 67.0¢ | 63.5¢ | $725.3K | 1.124M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35748 | 63.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 64.5¢ | 35451 | 3 |
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