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Re: Kramden1 post# 39454

Tuesday, 03/29/2016 4:07:58 PM

Tuesday, March 29, 2016 4:07:58 PM

Post# of 62920
Skipping the debate on whether or not cowi CAN buyback shares, it's just that it doesn't make sense that they SHOULD.

Why buy back shares to reduce float when you have all this convertible debt that can instantly balloon outstanding shares and undo their attempt to reduce float?

Any spare revenue cowi had needs to go to reducing C/D.
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