OTCPK:EUCTF - Post by User
Post by
endeavouron Nov 02, 2016 4:42pm
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Post# 25417941
Company share buyback
Company share buybackI'd suggest they start increasing their company share buybacks. The odd 20,000 share purchase is clearly not enough to stem the selling. They need to be buying 100k or 500k.
There is a seller with 650k for sale at 0.165 last time i could see the depth that 'high'. We have this overhang to clear as well before this has a chance of turning around. Right now its a News vacuum and people are just selling because they're assuming the company is doing absolutely nothing. They could be working feverish on many initiatives but unless we hear anything publicy (how many months since last last news??), its no wonder the share price has nowhere to go but down.