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Friday, December 20, 2019 2:16:27 PM
Lets hope Nulixo pulls through, if not..
How do you see the best way to fund P2O?
Where would you start?
Would a buy back of stock be reasonable?
There are other sound motives that drive companies to repurchase shares. For example, management may feel the market has discounted its share price too steeply. A stock price can be pummeled by the market for many reasons such as weaker-than-expected earnings results, an accounting scandal, or just a poor overall economic climate. Thus, when a company spends millions of dollars buying up its own shares, it can be a sign that management believes that the market has gone too far in discounting the shares—a positive sign
https://www.investopedia.com/articles/02/041702.asp
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