OTCPK:MAUXF - Post by User
Post by
jimmer10on Jun 25, 2012 3:26pm
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Post# 20052462
Brent
Brent Brent price has stayed relatively stable today which is good news. I cannot understand the huge volume as it could relate to many factors (i.e. investor wanting out, macroeconomic events, etc...). Given the volume, could MMT begin a share repurchasing program without having Board approval and/or news release, or does this need to be communicated before it begins? I assume if they are planning a share repurchase and a recurring dividend, they would want to start the share repurchase before announcing the dividend and repurchase program. I just wonder if the high volume could be a result of a MMT repurchase program.