Post by
riverrrow on Mar 18, 2020 4:32pm
Management is brilliant
Either by accident or design HCG hasn't been buying under their NCIB. Shares are now almost half book value and the company has lots of cash to weather the viral storm. I bought some more today. GLTA.
Comment by
CanadianKia on Mar 18, 2020 5:41pm
There are 3 scenarios I can think of: Hoard cash to make their position stronger for the next release they will do a one time buy option to cancel way more shares than they were planning to they are waiting on a big investor to jump in and buy a big position in the company.
Comment by
PRTmana on Mar 18, 2020 5:59pm
Could very well be or someone will attempt a hostile takeover. Either way SP should end up 20 to 30% higher
Comment by
pebble44 on Mar 21, 2020 9:04pm
PRT, I agree with your comments on canader. I've read this board for about 3 years (and have significant HCG holdings = long) - appreciate the insightful commentary (+wbuffett and yassine). The others who can't spell (rhyme with silber and certain others ending 1,1) are laughably predictable. Keep up the good work.