Normal Course Issuer Bid stalled action Any opinions(or comments made in the recent presentation) about why S did not buy back any of its shares in Q1 2015.
To date S has purchased and cancelled only 3,960,300 shares of the up to 14,875,944 common shares approved for redemption on October 29, 2014,
Redeeming shares helps to keep the S share price up and indicates managment has confidence the share price will rise in the short to medium future.
Is managment sending us a message to be cautious about investing in S?