Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Datametrex AI Ltd V.DM

Alternate Symbol(s):  DTMXF

Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, healthcare, and mobile gaming. It is focused on collecting, analyzing and presenting structured and unstructured data using machine learning and artificial intelligence. The Company's products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from... see more

TSXV:DM - Post Discussion

Datametrex AI Ltd > Can’t DM buy back some shares
View:
Post by SeniorC on Jul 28, 2021 1:02pm

Can’t DM buy back some shares

DM has plenty of cash, transaction with drone company if near to be completed.  DM will pay 3M$ in new stock (read more dilution) at the last 30 average price. And must keep 500 000 shares for a next step.   Why DM just mot simply buy back shares to sustain the price?  Or simply pay cash to avoid dilution?  Can someone explain to me?
Comment by frewil11 on Jul 28, 2021 1:05pm
It just makes sense to do a RS instead of spending the cash on hand.
Comment by CandyC on Jul 28, 2021 1:11pm
Or take one of the offers that Marshall mentioned about a buyout 
Comment by Kensin1954 on Jul 28, 2021 1:43pm
Buy-Out  not a R/S  Has my vote. They should R/S over at SCRN  They can monitor how that goes for them . Share price sliding has numerous reasons attached. Notwithstanding that the volume is so low due to the industry on unilateral holidays, no N.R. to support the rhetoric is tough on anyone in the black who is tired of losing on this exchange so they get out.   Someone ...more  
Comment by wildbird1 on Jul 28, 2021 2:40pm
Kensin at this point in time there is no reason to worry about a R/S... June 2021 Webinar at the 33:50 time... M.Gunter said about a Roll Back... " Roll Back has been put to the AGM before...at that point in time you have to remember that the SP was around 0.02$, and we couldn't raise money because we couldn't issue anything under 0.05$...as of right now there is no plan for a ...more  
Comment by astutein on Jul 28, 2021 2:35pm
Candy --Buy out mentioned price may not be greater than .20 cents.  I want to point out with 352 o/s shares we have market cap of 70.4  million   With cash of say 15 million market is valuing rest of company at 55 million.  Without a monsterous contract by Marshall DM may not be underpriced at .20 by the market investors outside of this board.  60 million shares ...more  
Comment by dirtydzn on Jul 28, 2021 2:48pm
In my opinion current market value has little to do with a buyout as AI tech has intrinsic value moving forward. While it does give us a base, the rapid growth in AI over the next 5 years even, commands a premium if our tech is as cutting edge as they claim to be. What is Telemedia? You mean Telehealth? Still waiting on your take as to why there are no buyers. 2nd call...
Comment by JWING17 on Jul 28, 2021 8:27pm
Not sure what the plan is, But, Gunter is diluting the sh@t out of "OUR" company.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities