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Bewhere Holdings Inc V.BEW

Alternate Symbol(s):  BEWFF

BeWhere Holdings Inc. is a Canada-based mobile internet of things (M-IOT) solutions company. The Company is focused on designing and selling self-powered hardware with sensors and software applications. The Company develops mobile applications, middleware and cloud-based solutions that stand-alone or that can be readily integrated with existing software. Its solutions serve two markets, such as Asset Tracking, and Connected Sensors. Its Asset Tracking consists of remote location tracking various non-powered fixed and movable assets such as trailers, dry vans, and others. Its Connected Sensors remotely track information on assets for water pressure, water detection and soil moisture. The Company also offers solutions that can be fully integrated with existing software, and white-labeled. The Company’s devices use the latest available cellular technologies (LTE-M and NB-IoT) to transmit collected data into mobile applications and cloud-based platforms.


TSXV:BEW - Post by User

Post by hrgoyalon Jun 02, 2023 10:07am
161 Views
Post# 35476729

NCIB good only if shares are bought back

NCIB good only if shares are bought backGood that management initiated new NCIB but in last NCIB, BeWhere hardly bought 1% of outstanding share against 5% sanctioned.

BeWhere started buying at 23-24 cents but then let the price go down to 19 cent and didn't buy.
BeWhere has cash. Management has to create a creditability by indicating that if price goes down to a certain level, we will keep buying till limit is reached. Buying 10K here and 20K there is not going to work. 



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