GREY:MIGGF - Post by User
Comment by
glorieuxon Jun 09, 2011 12:24pm
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Post# 18693800
RE: Share Buy back. Questions what lead to that
RE: Share Buy back. Questions what lead to thatCompanies who have positive cash flow who feel that the market is not valuating them properly do this. It is probably one of the best ways to increase shareholder value with the extra cash that the company has. The market is being irrational again IMO and we are down below $5.00 once more which makes no sense to me what so ever. However, the markets are irrational and this is what creates opportunities.
Px waiting for the market to give us our proper valuation!
Glorieux