Datametrex AI Ltd V.DM

MLorenzo ;

[1rockit]

In a situation like this where their cash flow is so high , money in the bank, no debt.. To me it's a no-brainer.. A share buyback at this stage is a great way of using some of that cash .. It would eventually drive up the share price because each share would become more valuable.. Cheers

[ibsn4512]

Financing agressive growth is a better way. Cash is still king, and DM is not ready to do a bank deal yet!

[Reeseman]

Share buybacks are for mature companies with stable cash flow. DM is neither at this point.

[MLorenzo]

Not true. They are a cash allocation strategy, nothing to do with maturity....and it seems like DM has stable cash flow

[MLorenzo]

IBSN - pls explain. Great to say finance aggressive growth, what does that mean? Is there not currently aggressive growth in the AI and testing businesses? Wouldnt a higher share price open M&A (which the coomany has tried the last few years and I think is not a proper strategy with the valuaiton so low)

[Aiking]

Financing smart growth would be a better way. E.g. if they would buy xtract Ai https://xtract.ai/who-we-are/our-team/, they would get at least 10 machine learning programers and other staff. All are higly skilled and worked in IDeaS as also in the field of Ai based misinformation analytics. And as I posted earlier the day, you know my guess is, Vancouver based xtraxt Ai is at least one of DM

[PercySweetwater]

People keep bringing up share buybacks, dividends and rs to raise the sp. Every time, and it has happened many times, MG says "not going to happen unless required for uplisting". In the case of uplisting to tsx there is no minimum sp requirement, so no buyback in the near future.