Replies to post #46709 on Banro Corp. fka BAA

[goldismoney1]

Well said, well spoken. WHIP IT BABY!

[fazlice]

Question :

"If it gets delisted then they will trade OTC. If they choose to remove themselves from US exchanges then it will all be TSX"

Can you elaborate your thoughts on this part please ? They can choose to remove them self completely from US Exchanges ? Does all of the Shares get converted then to TSX if they do this ?

[penelopeabril]

It would be interesting to see what a small buyback would do. Probably a $1 million buyback would push the stock price up significantly, and it would probably be a great investment for the company. I don't know all the rules and regulations when it comes to buyback programs but it's an interesting idea. Of course if operating dollars are tight then this isn't something you would do, but if there's some wiggle room then it may be an idea.

[bullforever]

I think your view is the dumbest.

Why?

See the answer below:

If BAA use $1M buy back 6-7M shares at current price and then the share price goes above $0.30 later, BAA can make many million dollars back and reduce a lot of dilution because a lot of warrants and options will be excised at much higher price than the current price. And the bought back shares can be supplied to the excised warrants and options without need of new shares issuance.

Now you know who is the economist.

[StockItOut]

Nice post Braised. Agree, share buy-back not on table considering Banro just issued 50 Million.

And you're right, reverse split would result in same book value. I suppose concern is that more often then not a RS leads to further washout, however Banro ain't some fly by night stock pump n dump scheme where a RS and dump is common. Banro is on the cusp of being a mid-tier gold production company, along with continued exploration concurrently.

Of course we'd all rather simply see the BAA share price appropriately rise, and reverse to it's mean, as charts reflect its begging to do.

Yeah, I get the debt thing. You and Boston laid it out well.

Those impairment charges do suck, though.

more modern version -

she just keeps getting better - an American treasure