RE:RE:RE:Here's my question for Greager...I've said this many times but get alot of push back, but I still stand by my thoughts that a 1 for 2 consolidation would fix alot of issues, including a large share count.. get us away from that $5 margin level for good so investors don't get margin calls everytime the share price drops below $5 CAD and not to mention
again, many US institutions will not touch a stock under $5 USD.. so lots of buying would offset the perceived negative connotations that some of the posters complain about.. IMO
riski wrote: With a flat or rising share price, buy backs look pretty good. With a falling share price, buy backs look bad. It's a bit of a gamble which is why most companies take a measured approach of doing a little of both share buy backs and debt repayment.
Moemoney42 wrote: Agreed, I've never been an advocate of share buy backs until the debt is near zero.. the interest savings per year will fund a lot of dividends and share buys once the debt is 1/10 of where it sits today.. that's what I'd be shooting for as a CEO..