Bragg Gaming Group Inc T.BRAG

Normal Course issuer bid?

[Renaissanceman1]

I'd like to get the opinion of this board as to whether Bragg should start to buy back shares of the company. Here's why I think it would be a good idea. 

1) shows the market that the company has confidence in the stock
2) no trading volume causing price to be undervalued
3) we are cash flow positive - not taking into account the depreciation 
4) company needs to focus on current acquisitions (spin & wild streak) so need to purchase another company not near term
5) best possible place to put cash on hand to yield a return (buy at $5.50 so that they are in a position to do a private placement in future at increased price)

Thoughts?

[Liquidything]

Repurchasing shares is typically done when a company has excess capital on hand and no positive present value projects available. Its a way to distribute excess cash to shareholders, in the same way a dividend does. For an early days tech company like Bragg to repurchase shares would be highly unusual and would actually signal negatively to the market that management is out of ideas. Now if the