Post by
Frediboy on Dec 13, 2014 1:19pm
Keep the faith !!!
They will cut the dividend and start an agressive buyback program. What is the point of spending the money anywhere else when you can buy your own shares 0,20$ in a 1$ . With this kind of volume they could buy a significant amount of share daily. Its not time to try paying back debt. They will just pay the minimum and keep the money as a cushion..... Prety much everything is hedge till end of december , you can easily find those information on sedar.com wich is the reference website. In the past ,fortune has been made in those kinds of crisis and i am pretty sure this one ain't different ....
Comment by
99999gold on Dec 13, 2014 1:55pm
Here's an idea for morons that keeps on suggesting the company initiate a buyback program. Buy the whole float for 1.5-1.60 and take it private. Most here have an average of 3 or even higher... Buyback.