RE:RE:They're buying back shares at a time where more will want inYou have taken out important elements of that statement: "The Company's Board of Directors believes that the market price of the Company's common shares MAY FROM TIME TO TIME NOT REFLECT the underlying value of the Company, specifically its growth opportunities, and that the proposed purchasing of its common shares is in the best interests of the Company and represents an appropriate use of corporate funds. It is expected that any purchases made by the Company could also enhance value and liquidity for its shareholders." Filing for NCIB does not necessarily mean it will be fully exercised but needs to be done to give them a tool to use IF or WHEN they wish.
ScienceFirst wrote:
That means interesting contracts are coming up. No doubt.
The Company's Board of Directors believes that the market price of the Company's common shares may not reflect the underlying value of the Company, specifically its growth opportunities, and that the proposed purchasing of its common shares is in the best interests of the Company and represents an appropriate use of corporate funds. It is expected that any purchases made by the Company could also enhance value and liquidity for its shareholders.