goeasy Ltd T.GSY

What

[CHECKMATE77]

Last month an issue
today buy back shares

what am I missing

[Aarman4]

You are possibly confusing "renewing NCIB", with "buying shares".  Just because they renewed their ability to buy shares, does not mean they will, it just allows them to do it if they see fit.  Cheers

[CHECKMATE77]

It's the optics, they claimed the issue was to raise money to grow their business. Thus they need the cash. This is in odds to buying shares back, even at a lower price as they did suggest they needed cash.

[Aarman4]

No, it's not. Many smart companies have an NCIB in effect, at all possible times, and you, if you're an actual shareholder, want that. It doesn't ruin contrary to anything they've said or done, it just gives them the ability to use another tool to increase shareholder value. If share prices drop fifty percent suddenly, yet the underlying business has not changed, do you REALLY want