Bewhere Holdings Inc V.BEW

NCIB Renewal for 2024/2025

[kulewater]

Nice to see management still believes prices is undervalued.

NCIB renewed for up to 4M shares potential for repurchase via Beacon - kicks in June 7th.

Might be an uplist also coming after the AGM.
Adding as much as I can at this new support level.

Just my two cents.

[Possibleidiot01]

Interestingly , there's no mention of a daily restriction to 25% of average trading volume. Maybe this is an oversight? The TSX Company Manual also sets out a daily limit for purchases under an NCIB, that is, 25% of the listed issuer’s “average daily trading volume” (“ADTV”), in effect, the average daily number of shares of the issuer traded on TSX during the six months prior to acceptance

[a2bman]

I don't think they are required to post all the rules that pertain to an issure bid in their nr.  The ruls are public info and posted o tsx

[Possibleidiot01]

It's  not the rules that are important here but the numbers the rules create , as in what's 25% of the average daily volume which would be daily limit of the NCIB. Would be nice to know if they are buying the daily maximun if they use the NCIN at all.

[a2bman]

Buying the daily maximum would not be smart now.  It's better to be more strategic with the buying. Besides it's can be hard for them to buy depending on what the markets doing.  They can't tick up the price.  I think they did a great job buying up the cheap shares in the .20s and cancelling them off the market.  now they shouldn't buy unless it's dropping

[kulewater]

Agreed on Q2. Also expect some increased interest with the addition of the new director nominated - with roots in Vodaphone. A great UK expansion potential ;) An uplist would not be a surprise. They also seem to getting all their marketing assets polished up and into their owned social channels. Could coincide with a visibility push - which usually is tied to institutional interest. I continue

[Bonk4491]

Wait what about this this new director nominated? UK expansion ? 

[kulewater]

Read the NR about the AGM and the new director being nominated to the BOD. His CV is very impressive.. and there is a tonne of activity in UK right now based on social posts. Its not secret BEW is active in the EU and surrounding countries. Vodaphone could be a great partner in region. Just some speculation.. if I was a betting man I would take a flier on an acquisitionor strategic partnership

[Bonk4491]

Thank for sharing. Interesting profile for sure. Could be big entering UK with vodaphone contact. Meeting tommorrow should provide more details.