Datametrex AI Ltd V.DM

DM is thinking for the last 6 months

[Yeehaw1]

To buy back 

thats sucks

[Long101]

As Marshall said, a buy back may be necessary to uplist, which would be a good thing

[Resilience19]

Well, from my perspective, if debt is cleared, M&As are addressed, R&D has been adequately funded and SG&A is covered, if adequate funds remain, I'm fine with putting some of these against share buy backs. At the end of the day it should lead to a proportionally higher sp, not unlike a dividend. Better that than leaving money sleeping and generating no return....

[PercySweetwater]

In today's discord mg said that share buybacks or reverse split would only be considered if it was a requirement for uplisting.

[Long101]

Agreed, but ideally, they wait until the stock price is much higher than it is now.

[Resilience19]

Well, I'm not a stock buy back expert but I'd trnd to think it's best to do so while the sp is low so you can buy back more shares. If they have $10M cash and can buy 50M shares at the current price and expect upcoming news (i.e $40M contract) that would then lead to a, potentially, substantial sp increase, I think buying back shares, sooner rather than later, would make good sense.

[Oden6570]

I agree, you get back more shares for less money. 10% covid profits , my question on Discord today.

[Long101]

I'm no expert on this matter either, but if a buyback means I have to relinquish any percentage of my holding, I'd like to see a higher payout per share or a dang good premium. Although, if fewer shares in the market equates to a higher stock price (as it should), that should balance out the value of the decreased number of shares held by investors. In any case, I'd take a buyback over

[MUTDMUTD]

... believe buy back is they buy on the open market... like Institutional investors will have too...