RE:NCIB to commence on March 14th... They will buy a lot more this time I think. Their current EPS of .34 per share equates to a PE Ratio of 12.75 which is uber cheap! Stockhouse doesn't yet have the updated EPS and PE ratio. BDI obviously recognized the stock is hugely undervalued right now. Repurchasing is a really good move right now considering they have good free cash flow (relative to the past) and the stock is trading at a discount.
There is some seriously strange trading with this stock as well. Maybe a few huge public market purchases by BDI will scare off whoever is behind the strange trading.