OTCPK:APHWF - Post by User
Comment by
RTOon Apr 27, 2021 6:52am
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Post# 33072724
RE:RE:RE:Huge Cross @ Closing Bell!
RE:RE:RE:Huge Cross @ Closing Bell!So if that was NCIB, that would bring the brothers to just under 50% and that would put and end to any further possibilities of using NCIB in the future to support the share price, or even themselves buying in the open market. Announcing any big contracts is off the table as well as their confidentiality customer agreements disallow.
Going forward, they are running out of options to support the share price the lazy way other than something productive and proactive like bringing in new markets or purchasing another company.
Putting themselves on the auction block might be the only alternative as an "easy" solution. Many may say that this will never happen, but let's not forget that the founders were almost retired when they sold it off to Acasta in the first place.