Replies to post #23725 on PHI Group Inc (PHIL)

[WHITTENHALLJR]

If so why do we have a bid of 100m? Maybe they'll just plummet it

[brinfin]

It's not dilution when the buys are at .0001. If Henry actually buys back 5 billion shares. He is certainly not going to get it all at .0001. Any money coming in the door that can be used for stock back at these prices certainly is a great use of the money, if you believe the company has any future that all.