RE:RE:Not filing for NCIB now is SP sabotageI don't think shareholders lost faith. Low volume even on days like this says there are no major sellers. Majority of the shareholders are holding their shares. The company as a whole is doing great. Very little debt which is likely to be taken care of within the next 2 quarters. The only bad thing about this company is extremely low trade volume, lack of fluctuations and constant slide of stock price. You can't even day trade this thing because it barely fluctuates and when it does there is no volume to it. Everyone stays away as investors don't care about the dividend while share price is falling.
We know when they were buying it back in 2022 it was hitting $1.80. Now without buyback support the stock is beaten to pulp. As soon as the buyback is back on trading patterns will change. Bigger buyers will come and washtraders can't sell to themselves to the bid side.