OTCPK:INPCF - Post by User
Comment by
schocoron Jul 26, 2019 6:44pm
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Post# 29966059
RE:Input stock offers you $1 for the price of 65 cents
RE:Input stock offers you $1 for the price of 65 centsWheresMeGold wrote: Input is selling at around 65% of book value. And virtually all of its assets are either cash or cash equivalents. Input has more than demonstrated it will buy and retire its shares at 65 cents on the dollar, resulting in the book value per share to rise even further. Input has over $10 million in cold, hard cash right now for share buybacks. As it converts its cash equivalents to cold, hard cash I’m sure it will use it for more of the same.
Eventually the stock price will approach book value. Today’s book value is around $1.28 per share. With buybacks this will rise further. I would love to see Input initiate another SIB around the time quarterly results are announced in late August.
I wonder why this is even a public company at this point; surely management could take it private and do well - especially if they can buy it at less than book. makes we wonder if I am missing something in-so-far as their liability for price guarantees on their future streams is concerned - but I rarely miss such thinks so I remain confident - bullish - on Input.