GREY:XEBEQ - Post by User
Comment by
LongoGlueStickon Feb 24, 2022 11:35am
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Post# 34458229
RE:NCIB
RE:NCIBAre you smoking pot? Xebec is not going to do a NCIB.
Ciao wrote: Captial allocators know the value of the company. They know that they should raise capital and sell shares at high valuations and buy back at low valuations.
They should do a NCIB and pick up cheapies. They have enough cash to pick up 5 - 10M shares easily. When their share pice recovers, hey can raise funds and sell back shares at much higher prices.