Post by
coolfooldumbguy on Sep 09, 2024 2:17pm
Share Buybacks
seem to be meaningless to shareholders,since the float is big for this company,but the money that the management raised a little while ago should be used for more drilling.This stock is on my watchlist right now,and if it goes down to a price of $4.55cents/share,it would be good for me to buy it at that low price,so good luck to all of you.
Comment by
lovehockey on Sep 09, 2024 3:20pm
Good try. ATH has a plenty of cash for both, no worry at all. If it falls to $4.55 it just means additional savings of about $2-3 mln for every month of buybacks considering they may be buying 5.5 million shares monthly.