No point doing a buy back. That just gets rid of sellers increases majority ownership and further reduces liquidity. A BUY OUT IS NEEDED, or the two Directors should tender their shares to instututions shares so that we have a broader share base. Excess cash should be returned in dividends or a return of capital. of the balance sheet
I dont understand why Private Equity bailed out and lost on SGH when they coukd have bought SHJ for with its own cash and on a PE of less than 5 once you take 50M in cash
SHJ Price at posting:
$1.16 Sentiment: Buy Disclosure: Held
