RE: normal course issuer bidwell at these levels it is actually a questionably smart investment to buy back shares. To raise capital in the future they will need a decent share price. supporting it through buying back share at these levels will work. ofcourse what really should be happening to increase sharevalue is by putting up the numbers, investors dont ignore good company performance. but in this dismal environment they can buy back close to a million shares for the price they paid for the 200,000 shares they bought back at over a buck a share avg. is this a smart long term solution... no becuase they dont have unlimited cash, and are not all that cash flow positive. they are most likely doing it to instill confidence in the share price again... seeing todays reaction obviously was a failed attempt.
bdussy