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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Industrials
Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Thermal Energy International Inc
Bullboard Posts
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Comment by Electrofuelon Jun 01, 2016 7:00am
54 Views
Post# 24922046

RE:Thermal Energy to buy back up to 12.75 million shares

RE:Thermal Energy to buy back up to 12.75 million shares
So TMG issued a NCIB to buy back shares on the open market as they feel the shares are undervalued. Insiders are buying. What is the rest of the market missing here and why the recent sell off?
Bullboard Posts
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