Annual financial report is on SedarSo far there is no news on TSX about the report beside being available on Sedar. We only see up to January so we are going to still wait for Feb-Apr unless management gives some info on TSX news.
I had a quick glance at it yesterday and what I understand is they are healthy financialy (above 50 Millions in asset) and were active trading as they invested in other stocks. They also reduced the private investment and they gave a bonus of 1 Million LIX shares to FM but I believe the shares were not transfered so they accounted as payable liability. Also it looks like they sold a portion of LIX shares before the deal and the remaining was sold at 2,61$/share deal.
They confirmed no NCIB yet completed but they have until July so keeping the suspence lol.
Overall it’s good and let’s see how shareholders react. May I mention they increased 0,18$/share for last year and they are trading at 0,16$.....maybe it’s time to put the NCIB in action!
Cheers