2022) APHWF

Consumer Defensive Household & Personal Products

Based in Ontario Canada the Apollo Healthcare Corp Apollo is one of the largest private label personal care product manufacturers in North America developing and manufacturing retailer branded and private label products for major North American retailers. Apollos products are sold in tens of thousands of stores across North America and its customer base spans across major North American grocery drug and mass merchandise retailers users as well as wholesale clubs. In addition to private label Apollo also manufactures products on a contract basis for many of its clients.

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Apollo Healthcare Corp Warrants (03/01/2022) > NCIB

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Comment by gary7789on Aug 19, 2021 7:07pm

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Post# 33737590

RE:RE:RE:RE:NCIB

pretty interesting that they only bought back just over over 300,000 shares last year when they had authorization to purchase many more (2 million?). So why didn;t they use this authorization? I can think of three possible reasons:
1) they thought the stock was too expense even at $3.
2) they had better uses for the cash (doesn't seem like it based on the balance sheet change from quarter to quarter though)
3) they are ok with the stock price going lower for some reason that I don't even want to say out loud.
But I agree with you. If they aren't buying 21000 shares per day at these prices, then maybe they want this think to be a penny stock. And it will be.
Anyway, don't own any more than you can afford to lose.

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Paramount Resources signs $3.32 billion asset sale