TSX:IBG.DB.E - Post by User
Comment by
Calgaryrideron Aug 15, 2019 10:54pm
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Post# 30034918
RE:10 Years Share Price Comparison of WSP, STN, IBG, SNC
RE:10 Years Share Price Comparison of WSP, STN, IBG, SNCLiterally the only reason preventing IBI from being an $8-10 stock is the lack of awareness. At. This point, with good debt levels firmly in place and a rising EBitda, their best course of action is not a dividend, but start buying back some shares. $10M/ year over ~200 trading days is about $50K (or 10k shares) per day. The return on that investment is over and above anything they could invest in. <br /> <br /> Just that one announcement and action alone will not only prop up the share price, but help build confidence for new investors. 38M shares....so 2M shares a year is not only a significant chunk of the float, but a significant % of the volume. <br /> It’s time to take action starting in september. Days like today are just unacceptable. Low volume....2% leakage <br /> <br />
We can’t afford this company to go private for ~$7/share.