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Wednesday, March 02, 2022 9:23:22 AM
as knux said it would cost them roughly 20k to do so
2. buying stock would be great and would show they actually care about THIS stock and the shareholders. the problem is up until the SPAC they've been selling shares to have cash...
i don't believe they'll want to dirty up the shiny new stock with the old putrid 30 cent one.
a little work and elbow grease they could merge them and we could be on the nasdaq.
I take them at their word that HNRC is worth $2-3 as it sits.
the market currently does not agree.
also keep in mind: the float is shorted to the max last time i checked-- there were no available shares to short.
meaning an entity is dragging it down as much as they can.
Recent HNRC News
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- HNRC ACQUIRES 100% INTEREST IN CUNNINGHAM ENERGY LLC Increasing HNRC's Net Asset Value $3.35 Per Share • InvestorsHub NewsWire • 07/12/2023 11:17:53 AM
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