Post by
Malpeque2 on Oct 05, 2022 10:38am
September NCIB Results
A little weak. They should be doing more at these prices to return value and increase value per share at these discounts.
Do you think they put a slug of the cash in Treasuries or Bank Cd's at the 4% plus yields available from 3 months to 3 years? Probably not. Do you think they will buyback 5% plus of the float over the next 9 months?