Post by
PlutusofCrete on Sep 14, 2021 5:07pm
Another 100K bought back @ 6.20
I should probably just add more....Jeff and team keep buying....only they can see the $$$ pouring into the business....we'll know more in November ;)
Looking forward to the Sept 20th influx of investors.
https://www.sedi.ca/sedi/SVTItdSelectIssuer?locale=en_CA
https://www.canadianinsider.com/company-insider-filings?ticker=BIR
Comment by
robert41 on Sep 14, 2021 5:35pm
I would prefer this cash going to debt reduction I'm not sure reducing the float by a million or so shares has much significance if any in the market.
Comment by
PlutusofCrete on Sep 14, 2021 5:52pm
The buybacks will stop on Sept 20. This is all to support the price for index inclusion. I will be shocked if I see a buyback after this date. I don't believe the share price would be over $6 right now if BIR was not buying back and supporting the price in the $4.30 range. Debt reduction will be coming looking forward to the November update.