Newstrike Brands Ltd NWKRF

i think company will announce major shares buyback

[matureinvestor0]

very soon

watch

HIP is CASH RICH and they will create shareholder value

[VeritasVern]

immatureinvestor, they just did a share financing so why would they do a share buyback...?? Why do a finance and then a buyback......What they have said is a share consolidation not buyback. If you don't have a clue don't post.

[flyboy27]

here it goes

[matureinvestor0]

dude read this news https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aN-2628139&symbol=N&region=C and dont make fool of yourself in front of everyone  thanks in advance 

[VeritasVern]

Immature that new article is about Namaste. You are clueless. So HIP does a financing at $1.32 and then buys back at $0.55. Brilliant that will really do down well in the market. Clearly you know nothing.

[matureinvestor0]

clearly you don't know any cr@p... google share buybacks...

[woodstock135]

This link pretty much covers all scenarios for what you are proposing Newstrike should do and some of the explanations fit this company to a T.   https://www.investopedia.com/ask/answers/042015/why-would-company-buyback-its-own-shares.asp

[matureinvestor0]

hey idiot For example, let's assume a company issues 100,000 shares at $25 per share, raising $2.5 million in equity. An ill-timed news item questioning the company's leadership ethics causes panicked shareholders begin to sell, driving the price down to $15 per share. The company decides to repurchase 50,000 shares at $15 per share for a total outlay of $750,000 and wait out the frenzy.

[mmjgaadzilla]

This post has been removed in accordance with Community Policy

[matureinvestor0]

bro what you been smoking... we said...shares buyback....not ROLLBACK stop shopping at walmart...

[OSKARtheRED]

This post has been removed in accordance with Community Policy

[Smoogirlsims]

If they ever attempted a share buyback they will almost certainly never receive financing in the future.  How would you feel if they used your money with shares purchased at $1.32 and $0.75 (the two financings) to buyback shares in the mid 50 cent range.  They need to use that money to find opportunities to grow.

[VeritasVern]

immature the company has clearly said "consolidation" in their press release, do your DD with respect to this company instead of use google to make generalizations. Absolutely no one agrees with you because the company has said "CONSOLIDATION". Now stfu.