OTCPK:EUCTF - Post by User
Comment by
Spiegel62on Feb 19, 2016 5:58pm
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Post# 24576768
RE:RE:Good close... HOWEVER
RE:RE:Good close... HOWEVERlscfa wrote: Why not buy back shares now? In a quarter or two there will be SICPA contract wins and EUO stock will be much higher. If an acquistion opportunity presents itself, the co. can do a PP at a much higher stock price.
EU fuel marking tender. 15%(?) of USD 1B total World mkt (as per BR) = USD 150M = CAD 200M * 5% = CAD 10M /81M shares (post buy back) = 0.123c/ share, dividend out 70% = 0.0861 / share Yield at 10% = 86c Yield at 8% = 1.07 share Yield at 5% = 1.72 share