RE:La Wango RegularJoe wrote: Back to the buyback talks eh, I will explain my opinion
100 million shares = 5 million dollars
100m / 345 million shares = 29 percent buy back
.05x1.29= .065 per share
vs
5 million dollars = (tonkawa type placement) 500 machines
6 million revenue / 5 million ebitda
5 million ebitda / 345m shares = .015
.015x 6.7x ebitda = .1005 per share
A buyback would be a be a short term benifet that would only benifet the shareholder temporarily.
the same funds used to grow the company would benifet the shareholder in the long run.
we longs need to think about the company success not worry about .005 when the market is quiet.