RE:MorningStar Fair Value for BEW100K repurchase will not cut much ice. We need 300-400K per month. BeWhere should atleast buy back $1M worth of shares.
How do you say 68% float is locked?
Uplist is not going to make any difference for a micro cap company like BeWhere.
I don't know what news drop r u expecting? BeWhere doesn't release news about large purchase orders unless it is by a new customer or for a new application. Only news which can move the stock is either BeWhere ie acquired by someone or BeWhere acquires someone.
As and when BeWhere stock will breach 35c, 20M warrants will be in money but company has less than 20 momtns before warrants expire.
kulewater wrote: MorningStar has the fair value for BEW at .43
This is based on the 52 week trailing revenue / earnings.
If the company can repurchase and cancel 100K shares per month via the NCIB the shareprice will move considerably by end of year. 68% of the float is locked up.. if not more.
Holding a truckload myself.. and happy to add next week. I imagine they will want to uplist to the TSX this year as well once the shareprice breaches .40 and which time they may begin to provide guidance.
Should be due for a news drop pretty soon.