Post by
Mbxwatcher on Mar 14, 2023 4:05pm
Haywood securities.
One of the things that gives me comfort as a shareholder is the share buyback.
Means the company believes in itself enough to use available cash to reduce the float.
Notwithstanding the fact that we will probably issue more in options than we buyback, i guess that is another conversation.
However, they are allowed to buy back 11,500 shares per day.
Today they bought 3,500
Yesterday they bought 500
Friday 10th, they bought 2000
Might be something to keep an eye out for.......could be rules related, not sure but we should watch.