RE:The news says may Buyback I'll take that bet and raise you they'll buy their first ones back in next 5 weeks. Maybe even this month. Not saying they'll fill the NCIB but they will commence the buyback and soon.
And you're right. Cash is king. Even good revs in a company this size would be used for growing the businsss . You're also right that they wouldn't do it unless it was only a portion of the cash they'd be expecting to have on hand this year. Ok now go back and read this last section slowly. Done? Hmmmm what message do you think they jist sent today (shortly after being mentioned by name Biocloud in the Ontario budget)? . Thas right baby! Blue skies and mai tais