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Iron Brdg Res Inc. OEXFF

"Iron Bridge Resources Inc is a Canada-based company. It is a crude oil and natural gas exploration, development and production company. Its project consists of Elmworth. The company receives maximum revenue from the sale of petroleum and natural gas."


OTCPK:OEXFF - Post by User

Post by goinonaprayeron May 31, 2018 9:58am
183 Views
Post# 28104683

Share Buyback

Share BuybackI was a little concerned when the share buybacks ended in February. Other than controlling expenditures this likely another reason why they ended. By removing the shares with each buyback you increase the % ownership of an outside entity. The good thing is that this works both ways, for an entity planning a hostile takeover and for the insiders who own a number of shares.
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