HCPC to 0.08/0.12 Based on previous PR. Stating that HCPC gets 5% for each loan funded $ 683.1 mill Loans (till now )x .05 = $34.155 million.(revenues) Now HCPC says it will spend 35% of its Fee, to buy shares. That would be $11.95 million That would eat the float very quicly!!!The company could buy the entire float at .0035 PPS!!!! Making the PPS soar easily to .08 or higher levels easily
now we know that an amount of 192500$ are already available for sharesbuyback since they have funded the 11 .1 million loan
between the 0.0001/0.0002/0.0003 i expect an amount of shares to be retired between 700 million to 1.3 billion max at these levels from the public float
and imo the reason the co did not PRed yet the 672 closing is to keep the price at these levels in order to complete its first shares buyback
soon a PR will come and will send this to much higher levels regards
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