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Thursday, April 25, 2019 10:42:43 AM
Wrong. Their goal is to reach NASDAQ quickly. Doing an RS would cause the price to fall, furthering them from their goal. Doing a share buyback would cause the price to skyrocket, helping them achieve their goals.
This is why the CEO said there will be no RS, and share buyback is on the table.
This is why the CEO said there will be no RS, and share buyback is on the table.
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