Post by
viboda2526 on May 12, 2022 1:54pm
MBX stock buy back
MBX CEO Cameron needs to announce a huge stock buy back. This would be a great way to reward loyal shareholders - great entry price point for MBX to do the buy back now. Excess cash will be used for stock buy back or dividends would help get share price back to 65 cents.
Comment by
wizzdumb on May 12, 2022 2:03pm
There will be no share buybacks, Cameron has addressed this and it would make no sense at this time. More likely is internal finding of Kinlytic.
Comment by
viboda2526 on May 12, 2022 2:15pm
When would it make sense to do stock buyback?
Comment by
Callum on May 12, 2022 3:01pm
A Stock Buy Back is required, Microbix Likes to give out shares like the federal governemt gives out money. This would result in less shares, more money. Supply demand. The only reason everyone on this board is sitting on a whack of shares is because there is many out there. Company needs to buy back shares in order for this to move. Welcome to the .005 increment again,
Comment by
buddyboybruce on May 12, 2022 3:51pm
I totally agree. A stock buyback is needed and fast as a tourniquet to stop the bleed..... I think we touched 44.5 cents today.