CELM - I can't disagree a company given capital needs to show they understand it's value and deploy it before asking for more. I can't understand why companies don't understand this.
Being an irritating shareholder I'm going to remind him of a reply he gave to me asking for a buyback.
As far as share buy back is concerned, the company went IPO at $4.5 per share. Buy back share at a price level higher than $4.5 will not be an act welcome by those investors. But we certainly will consider share buy back should share price falls below $4.5.
2 cents before it hits 4.50 - I have confidence we can get there.