GREY:ISYRF - Post by User
Comment by
humppyuson May 15, 2019 7:12am
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Post# 29748844
RE:RE:Ward Great Questions On The C Call
RE:RE:Ward Great Questions On The C Callseealice, unfortunately I agree with your assessment re share price. This is going to drift down at least until Q2 is released in Aug sometime. They will try and support the SP as much as possible. I noticed the usual TD picking up anything loose below 1.30 yesterday. This is the normal pattern, TD picks up enough loose shares and sells them to house 18 as a block buy under the NCIB.
I was glad to hear they have a good size order backlog, but still dissappointed in the lack of new orders. Last spring they were signing up a storm and then Poof...Very Little.
When Ward pressed on Goals / Compensation it appeared that they could be gunning for close to 30 mil in revenue for this FY, although it was clearly pointed out that this is not guidance.. If you do the math they need three quarters of near 8 mil each to achieve that.