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Bullboard - Stock Discussion Forum Knight Therapeutics Inc T.GUD

Alternate Symbol(s):  KHTRF

Knight Therapeutics Inc. is a specialty pharmaceutical company. The Company’s principal business activity is developing, acquiring, in-licensing, out-licensing, manufacturing, marketing and distributing pharmaceutical products in Canada, Latin America and select international markets. It finances other life sciences companies and secures product distribution rights for Canada and select... see more

TSX:GUD - Post Discussion

Knight Therapeutics Inc > Money for buybacks ...
View:
Post by MrMugsy on Apr 14, 2022 8:32am

Money for buybacks ...

Oh my ... where is Knight getting all the money to buy shares back?

They must be robbing churches.

It has to be illegal.

: )

—————————

Actually it was during the last in-person AGM that Goodman reminded me ... Paladin bought back    ~$25,000,000.00 in shares over time.

That would be equivalent to buying back more than $200,000,000 of Knight shares over time.

—————————

Ongoing moral of the story .... patience is required if if you are going to play here !
Comment by Chianchin on Apr 14, 2022 10:09am
Pretend not to know? From the PP at $10 bucks. THe buyers of that  PP lost fortunes 
Comment by MrMugsy on Apr 14, 2022 10:49am
No they didn't. If they invested fortunes, the smart ones are sticking around for the duration. On the other hand, if they bought 100 shares, they lost less than $500 when they scurried like rats. I don't feel bad for any of the sellers ... $10 is still a good price for a long term holder ... plus ... they could have been buying in the $5 range most recently to lower their costs. Give it ...more  
Comment by Chianchin on Apr 14, 2022 11:03am
You have just made yourself a fool again
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