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Bullboard - Stock Discussion Forum Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators... see more

TSX:QIPT - Post Discussion

Quipt Home Medical Corp > if what ails share price is low volume
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Post by gibbonsj on Mar 11, 2022 1:27pm

if what ails share price is low volume

How does further reducing the free public float through a share buyback help? The only path forward is to stick with the plan and apply time.
Comment by Moemoney42 on Mar 11, 2022 3:03pm
Numerous ways.. profit per share, putting a floor under the selling, which in turn forces buyers to buy at higher prices, adds competition to the buy side which in turn increases share price, which is fundamental to the NPV of the company, which in turn enables better financing metrics and possible equity raises.. after all the price of the shares, is the company's currency, in the case of a ...more  
Comment by gibbonsj on Mar 11, 2022 3:30pm
You are making the assumption that with fewer shares the trading trickery that has plagued share price will stop when in fact it will increase. There is also the reality that those who are charged with the responsibility of buying back the shares will do the same thing that you and I do which is try to buy at the lowest possible price so you can't be guaranteed they will do everything possible ...more  
Comment by Moemoney42 on Mar 12, 2022 12:26pm
Well actually the "assumptions" you think I'm making have played out with many companies I follow.. case in point.. VMD jumped ~$1 in share since the announcement of a NCIB.. although there are no guarantees in life, history shows that a smaller share float and active buying by management, tells the market the shares are undervalued.. often that's the motive others need for ...more  
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