RE: RE: market is scattered = noise"Since IAE is making money hand over fist maybe they should pay a Divvyor do a stock buyback to increase SH value. Just a thought. And like itor not it is in the penalty box."
Sorry, man, but that's just too far out of the box (thinking box, not penalty box). Giving away precious cash is not in their best interest. That cash needs to be used to bring more projects on line. Possibly in 2013 it might be time for dividends or stock buybacks, but only if they haven't managed to keep their development portfolio chock full of projects. Dividends and share buybacks are for more mature companies that have lost their steep growth profile. In the meantime, it's all about patience. See you in Q4 and we'll see where the SP is then. In the mean time, IAE is not in the penalty box, just playing a waiting game and there are any number of catalysts to move the SP, ranging from updated reserves reports, news on development drilling, meeting timelines to production towards q3/4 and even news on how (or even whether) Jacky etc is having any decline issues (I mean it HAS to some time doesn't it? It has truly outperformed expectations).
If you or any more of your cast and crew want to sell shares, that's fine. There are a lot of folks waiting to snap up discount shares - please sell large lots at market.