OTCPK:INPCF - Post by User
Post by
WheresMeGoldon Sep 13, 2019 10:53am
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Post# 30123640
Input, please take out the ask currently at 77 cents
Input, please take out the ask currently at 77 centsNCIB rules allow a company to purchase its stock within 2 cents of the last independent trade. As of now the last independent trade was at 75 cents. There is stock being offered with an ask of 77 cents. Input, if you want to fully utilize the current NCIB then you must get more aggressive. Take out the ask at 77 cents and buy as much as you can at that price. That price is still right around 60% of book value so buying at this level is fully consistent with your stated goal of retiring shares below book to drive up book value per share.
Please Input, become more aggressive either by initiating a new SIB or getting much more aggressive with the current NCIB.