RE:RE:RE:Input..please get rid of all your cash.....Allan, I haven’t seen where you have either plagiarized or misquoted. Ogo has done both.
I’m simply saying Input has too much cash (and cash equivalents that will be converted to cash) to run out of cash buying back it’s stock unless Input buys a lot of its stock well above book value. The thought that somehow Input could run through all its assets (essentially all its assets are cold hard cash, canola interests, and mortgages that provide monthly interest) by buying back its stock at 60 cents on the dollar is the thought of a simpleton.
Input’s stock offers tremendous value at very low risk. I’m very content buying additional shares at these levels and collecting a nice dividend until the share retirement drives the share price toward book value or until Input decides to liquidate at a share price north of $1.20 imo.