RE:RE:RE:RE:THE BOTTOM IS NEAR FINALLY THEY DEPLOYED NCIBAH now I get it. So this will raise the EPS and in turn should raise the share price eventually
kanuk453 wrote: It makes sense to me. 599,700 shares purchased from the market at a little more than $25 per share. That cost them $15,000,000 Cdn. However, they then cancelled those shares, so the overall share count was reduced by that amount. That means that the net revenue will be divided by 599,700 less shares. Hence the net revenue will be higher. Remark that the quarter is far from over and KL has lots of cash to purchase more shares.