RE:RE:RE:RE:RE:RE:RE:RE:Why make the announcement 28 minutes before close? Analysts didn't get any info, but there is something there.
Beena is about generating shareholder value. See wealthbuilder a post attached to mine.
I think institutions are willing to give higher multiples and valuations to larger cash positions. So this will be in line with a higher share price.
Looked like we were getting taken down, even after that great quarter. Getting shorted out/shaken out. This seemed almost reactionary?. Like here's more cash, improve all the buisness metrics and ratios with debt, and creates a situation where shorts have to cover now.
also gives beena a significant amount of cash to generate the growth that gets people excited.