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nukester wrote: Malx, The NCIB that went MIA is Interesting indeed. Last few years NCIB renewals were approximately a couple weeks after previous expiration. My mind can conjur a couple positive reasons. Keeping our capital allocation logic simple, assuming the underlying business is relatively sound, which I believe it to be... As the share price has gotten closer to intrinsic, the overall attractiveness of buybacks is decreasing, but still exists albeit to a lesser degree than in the past. Major capex is behind us for awhile. Debt is very low. That leaves dividend increase or some type of major capex / expansion as a logical outcome in my opinion. I could be wrong, the underlying business may be degrading and mangement may be taking prudent steps to protect the enterprise, but I am betting we see a positive announcement of some type in the November / Q3 report. Not exactly news to any of us here, but at least I am on topic! Later Bro's, Nukester
