RE:RE:ZUM issuer bidsHey, pandazzle, in terms of my view, ZUM is undervalued by the distorted market due to lack of trading volume. However, the good thing is the company is going to do the normal course issuer bids as indicated by the news. It could happen anytime between now and September 19, 2019 based on the press release. Based on what I read, the Company did the issuer bids last year, which happened sometime during the end of January 2018, which drove the share price up to $0.07. So, I am accumulating the cheap shares now and get ready to that moment if the issuer bids do happen. Good luck to you and myself!
Please be noted that this is only my opinion. It is NOT any investment advice. Do your own DD.
pandazzle127 wrote: SM, Clearly you have analyzed the financial standings of ZUM (as per the information available) and its intention to repurchase shares for cancellation to enhance benifits to shareholders, then why has this plan not peak the public interest? I hold a substantial amount of ZUM shares for years and watched helplessly as it sinks to an all time low. For your information, I do believe that the present value is not a true reflection but I am baffled as to why the interest is so low if solidity is as good as the company says. Could it be poor management? Could it be the theme is not suitable for the present time? What is it? Does anyone have the answer? Why does the company fail to propel its stock price upwards? Perhaps Management has an explanation for shareholders. Its not as important that the true value is not reflected given the financial standings of the company. It is important however, for the company to explain why its true value is not being reflected. Please comment.
pandazzle127