OTCPK:EUCTF - Post by User
Comment by
kidl2on Jan 13, 2017 11:28am
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Post# 25704349
RE:NCIB
RE:NCIBI think you should send these filing discrepancies to EUO’s (VERY well compensated) corporate secretary, Charlotte May with a request for clarification.
cmay@eurocontrol.ca According to the grapevine the company has been in a blackout since the middle of October which is why there hasn’t been any activity. Apparently this blackout was terminated Jan 9/17 after EUO issued this “immensely informative” NR.
With the NCIB still in effect until Feb 21, 2017 it will be interesting to see what happens now since EUO is nowhere close to the buyback limit of 8.7 Mil shares. It’s worth noting that the roughly 1 Mil shares bought back so far were purchased at an average cost of $0.16 which now begs a couple of questions:
Why is EUO not feasting on the currently available shares at or below $0.16???
It also begs the question why SICPA isn’t adding to their 12 Mil share stash which they accumulated at an average cost of $0.17 or thereabouts?