Hey quinlash - once Tikray raises enough cash by issuing shares thru the ATM so they can announce a share buyback, maybe Simple Simon could go to a financial institution and borrow some money to pay the ff Tikray debt?
Would you consider that a 'master level move' as well?
Your knowledge of finance and the investment world is always ....amazing, readers are in disbelief at your posts they're so brilliant
Post by
Keeleron Nov 20, 2024 10:16am 
27 Views
Post# 36321591
Hilarious quinlash - you’re saying
Simple Simon is issuing new shares to raise cash that he'll use to ........ buy back shares?
And in your opinion, that would be a 'master level move'?
I'm not sure what level Simple operates on - but you're at a sub- elementary skill set. No wonder you buy loser companys
Post by
quinlashon Nov 20, 2024 8:48am 47 Views
Post# 36321324
RE:Simon would never do a reverse split!!!
Simon mentioned a share buyback program being possible in one of his more recent interviews. He could do that sooner than later simply by delaying the next merger deal and redirecting the ATM funds to buy back shares.
Considering the ATM was mostly filled at much higher prices it may be possible that a share buyback program could actually buy back more shares than what was issued under the ATM.
Would be a master level move IMHO