RE:RE:RE:NCIB News Release Today = copyPandora wrote:
Yeah, when nothing else seems to work to increase shareholder value - buyback some shares.
You will notice this is just renewing the plan. In the past year they have repurchased 355,000 shares at an average of 58 cents. Shares are now at 42 cents. The buyback has been a standard strategy for at least the last ten years.
I agree Pandora, it would be better to move the company forward. I assume that they are walking as well as chewing gum. But, the performance needs to improve - the performance of the company and the performance of the stock price.
I am still patiently waiting for both.
cleareye.