what is bta cash backing, page-9

I would be very surprised if the board decided to buy back more stock. While a buyback would clearly make sense I have no doubt management have been scared off by the financial markets. Portable, I have no doubt that you appreciate the stupidty of this inaction by management but unfortantely the current management is what we are currently stuck with. If only they understood that by buying back lots of stock now the future would look even brighter for BTA.