Post by
goldstd69 on Apr 15, 2021 7:50pm
I hope Ivanhoe does a share buy-back
to absorb the huge amount of shares outstanding
Comment by
cashtango00 on Apr 15, 2021 8:07pm
The chance of that is between 0 and 0. Companies expanding rapidly don't buy back stock. It makes no sense. The amount of cash required for their immense expansion plans is huge and they don't yet have cash flow. Share buybacks are for companies that are maturing with lots of cash flow and less aggressive growth.
Comment by
alvarez2 on Apr 15, 2021 9:23pm
Considering the 3 Tier one assets we own and our stage in development, I do not consider our float very high.