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Bullboard - Stock Discussion Forum ARPETROL LTD V.RPT

"ArPetrol Ltd is engaged in the exploration for and development and production of oil & natural gas, and also provides natural gas processing services for third parties in Argentina."

TSXV:RPT - Post Discussion

ARPETROL LTD > What buyback?
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Post by dangerousjd on Dec 01, 2015 3:43pm

What buyback?

Where is the company buyback? They have bought only 411,000 shares thus far over the year....we hit a 52 week low of 20 cents today....this has become a disappointment! If Raymond James doesn't see value in buying shares at this level we are in trouble!
Comment by groundpounder2 on Dec 01, 2015 10:04pm
Hi I believe that we have purchased around 1.4MM or 1.5MM shares to date.  Originally it was 23.9MM and now around 22.5MM.   I am disappointed that there has been no insider purchases at these prices.  The volumes have not been large but there is no buy side.  So it could go below $0.12 which would be below half a cent prior to consolidation. We need some news....we need to ...more  
Comment by dangerousjd on Dec 02, 2015 3:35am
Hi groundpounder....read the last news release in it it states they have purchased 411,000 shares....big deal! Raymond James should be backing the company and showing support on bid side! Not the kind of year I was hoping for...when will they return to buyback? Surely these charges are stupid cheap aren't they? Argentina is now in the hands of a market friendly leader yet we continue to show ...more