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Re: mc73 post# 45648

Friday, 08/24/2018 7:38:18 AM

Friday, August 24, 2018 7:38:18 AM

Post# of 52916
Buybacks do make sense.

Namaste has the approval to buy back up to 10% shares over the next year using Market mechanisms. Doing that reduces the outstanding shares and increases shareholder value and tightens things up to remove volatility.

At these prices, a share buyback over time would cement the floor a little higher and ultimately drive more stability.

I am not saying to buyback 50% but an initiative to buy back 10% over time like Namaste is doing would have an effect.

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