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Bullboard - Stock Discussion Forum Bewhere Holdings Inc V.BEW

Alternate Symbol(s):  BEWFF

BeWhere Holdings Inc. is a Canada-based mobile internet of things (M-IOT) solutions company. The Company is focused on designing and selling self-powered hardware with sensors and software applications. The Company develops mobile applications, middleware and cloud-based solutions that stand-alone or that can be readily integrated with existing software. Its solutions serve two markets, such as... see more

TSXV:BEW - Post Discussion

Bewhere Holdings Inc > NCIB good only if shares are bought back
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Post by hrgoyal on Jun 02, 2023 10:07am

NCIB good only if shares are bought back

Good that management initiated new NCIB but in last NCIB, BeWhere hardly bought 1% of outstanding share against 5% sanctioned.

BeWhere started buying at 23-24 cents but then let the price go down to 19 cent and didn't buy.
BeWhere has cash. Management has to create a creditability by indicating that if price goes down to a certain level, we will keep buying till limit is reached. Buying 10K here and 20K there is not going to work.
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