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Bullboard - Stock Discussion Forum Goldmoney Inc T.XAU

Alternate Symbol(s):  XAUMF

Goldmoney Inc. is a Canada-based company, which specializes in the investment and custody of enduring real assets. Through its subsidiaries, the Company offers precious metals trading services to clients, including secure custody and storage solutions. It also maintains diversified interests in property investment and jewelry manufacturing. The Company’s segments include Goldmoney.com, and... see more

TSX:XAU - Post Discussion

Goldmoney Inc > 210 k shares cancelled
View:
Post by Brioche on May 17, 2022 9:45am

210 k shares cancelled

.
Comment by Gibster42day on May 19, 2022 11:14am
Hi Brioche: When you say cancelled, what do you mean? Rarely you hear people say cancelled. Just a comment: Gold up about $30.00, and this laggard stock is now down to $1.20. Could it get any worse?
Comment by Brioche on May 20, 2022 10:04am
They bought back up to 210k shares in april/may and now deleted. Honestly this is dirty cheap ( less than 50 mil usd if we remove the mene stake )  But mr market decide. 
Comment by megabid on May 20, 2022 11:25pm
! follow all the trades. Since May 2 they have bought back almost another 300,000 shares, they buy back around 20,000/day (their regulatory limit)  Today they bought back 20000 plus a 39,000 block trade. They alre allowed 1 block trade purchase/week. Their repurchases have only been reported through April, when you include the May data they must be below 75,000,000 shares outstanding by now ...more  
Comment by Gibster42day on May 27, 2022 1:07pm
Thank you for that report. Informative. Keep us posted on this please. Yet the stock continues to dangle downwards. Very puzzling, indeed!