OTCPK:INPCF - Post by User
Comment by
WheresMeGoldon Jun 03, 2019 12:16pm
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Post# 29794203
RE:RE:RE:$15.000.000 buy back
RE:RE:RE:$15.000.000 buy backAllan, you truly are a simpleton. In the simplest terms if there is only one share outstanding and the company has $1,000 in cash then that one share is worth $1,000. Now overhead and other issues need to always be considered. But Input is an asset-light company with few employees with a bunch of cash and cash equivalents. $15 million could drive the book value from $1.18 up to $1.34 per share. The next $15 million could drive it up by over an additional 20 cents depending on the share price. This is why Ive been saying that every share retired below boook value increases the remaining shares book value. Input has plenty of cash to drive it up and that is their stated intention.