Kill the SIB & NCIBThe SIB is most likely dead in the water, barring any idiocy from global leaders or a serious correction. If we weren't willing to pay more than $2.15 in the SIB, then doing an NCIB at higher prices makes no sense.
The timing of all this may be beneficial. When they announce that the SIB is dead, they can turnaround and increase the dividend (I'd like $0.01 monthly) and give us what we wanted all along. That'll pop the price. And a $0.12 annual dividend would cost an extra $8.5m, less than the $20m they were going to spend on the SIB.
I'd be reinvesting the dividend into more shares anyways, like I've been doing for many years.