RE:RE:Buyback versus warrants versus share compensation Exactly newtonboy..... obviously, we all want ATH to do well, but lets be honest about the NCIB.
They bought back 15.6M shares in the Q2.
They also had 6.2M warrants (understandable) and 8.6M company stock options, RSU's & PSU's (questionable).
Net the dilution, its less than 1M shares that came off the total from that 15.6M purchased shares.
Not much bang for your buck.
They also purchased another 4.3M shares after the Q2.
They also have outstanding as of June 30;
14.7 M shares in equity based stock options & RSU's plus another 10.3M shares in cash based PSU's, PUP's, DSU's.
Management needs to be called out on this.
They already spent $60M on the NCIB and we dont have much to show for it.