I am well aware. That would seem logical, but as far as I can tell, Bernard isn’t logical. We can’t assume $HAON will do the logical thing.
The audit is apparently taking a year to complete, which is so abnormal, I suspect it’s a lie $HAON is using as an excuse to buy them time.
The “imminent” buyback was announced in October 2017 and then billions of shares were dumped on the market, which is the opposite of a buyback. 9 months later only 6.5M shares have been repurchased, doing absolutely nothing for shareholders with 10 BILLION shares outstanding. There’s nothing imminent about this buyback.
I understand that what you’re saying makes complete sense to a logical person. I just don’t think Bernard is a logical person.