OldNormanBates
starCOW
:
They apparently have done a share buy-back, which lowers the dilution of the stock buy 70M shares. That's the way I read it, but I'm not a professional investor so without your own full DD Due Diligence, don't take my info as totally correct.
starCOW : What does it mean?
OldNormanBates starCOW : They apparently have done a share buy-back, which lowers the dilution of the stock buy 70M shares. That's the way I read it, but I'm not a professional investor so without your own full DD Due Diligence, don't take my info as totally correct.
starCOW OldNormanBates : Thanks! Why they want to buy back their own shares?
OldNormanBates starCOW : Gives them more control over their own company by them owning more of their own stock, and causes the price to increase.