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Bullboard - Stock Discussion Forum Renegade Petroleum Ltd V.RPL

TSXV:RPL - Post Discussion

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Post by ppp on Jan 29, 2014 11:15am

Buy back

Time to start buying back shares The company needs to put a bid in for 20 mil shares. save themselves 2 mil on div a year.  This will dry up the sellers and make the company look better by any metric  

Next they need to let the market know what the long term plan is.

Looks like a good deal here but then so is Longveiw.
Comment by bydar on Jan 29, 2014 12:33pm
You have my vote for the CEO. job. At least you couldn't lose as if all went wrong we would give you a big severance package.
Comment by 19Weasel on Jan 29, 2014 1:02pm
Just picked up another small lot of shares (3000).   High volume today, ~1MM already changing hands vs. daily average of ~500K with a stable stock price at $0.90.  At least today, $0.9 appears to be the floor.
Comment by stockwrestler on Jan 29, 2014 5:06pm
company can move forward now... hope it translates into a higher pps. glta
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