OTCPK:EUCTF - Post by User
Comment by
kidl2on Jan 25, 2018 4:22pm
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Post# 27435513
RE:RE:RE:European Commission is adavancing
RE:RE:RE:European Commission is adavancingSmallcap1: You signed up just for that but aside from that ... You are right. No one cares or should care what is being said here EXCEPT when verifiable facts are provided and there is no shortage of those on this forum.
In the end, Mr Market speaks and he graciously assigns cash value to EUO. Misguided imo since cash in the hands of EUO management has little to no value as it has a tendency to vanish as in gold plated salaries, inexplicable R&D / other expenses and to add insult to injury, a nothing short of idiotic share buyback program which returned 1 Mil shares to the treasury at an average cost of $0.16.
In case anyone forgot ... This high average was the result of EUO’s NCIB competing with SICPA and BR personally competing for shares. Thus the term “idiotic” is actually an understatement.
PS: It’s noteworthy that none of these entities have seen any reason to add to their holdings in the recent past.