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Eurocontrol Technics Ord EUCTF

"Eurocontrol Technics Group Inc is a Canada-based company involved in acquisition, development, and commercialization of security, authentication, verification and certification markets. The company through its subsidiaries is engaged in designing, manufacturing, marketing of energy-dispersive X-ray fluorescence (ED-XRF) systems, and developing technology and property that combines two-dimensional (2D) and three-dimensional (3D) image processing technology respectively."


OTCPK:EUCTF - Post by User

Comment by kidl2on Jan 19, 2017 12:27pm
119 Views
Post# 25728703

RE:If there was ever a good time for NCIB buying...

RE:If there was ever a good time for NCIB buying...Ringert: You said I really, genuinely do not understand the slightest bit of their NCIB strategy.” 

There is nothing to understand because in order to have a bad NCIB strategy, one has to have a strategy to begin with.
 
The repurchase of roughly 1 Mil shares at an approximate average cost of $0.16 does not speak for any sort of strategy especially if you consider that the NCIB was competing with SICPA for share around the $0.18 mark in June and July of last year.
 
I have seen a lot of badly run NCIB’s but never have I seen a NCIB competing with its largest shareholder and member of the BOD.
 
It really begs the question which of these two parties is the greater fool or does it?

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