Sep. 4 at 6:50 PM
$HTCR So basically if he said at 6$ that assets exceed current market cap (company was 200% higher than this) and he said they gonna do buy back - why they would dump shares here? It would be criminal move.
Once again 24 february market cap around 10 mln $ and he is publicly said assets exceed current market cap - right now market cap around 3 mln $ mln (!) so how underwalued is this? When he wanted do buyback of shares where company was 200 % higher than now (!)
“Based on our preliminary internal estimates, our total net assets exceeded our current market capitalization, which we believe is an important factor when evaluating the Company’s overall value. .This
$2.0 million share repurchase program reflects our commitment to disciplined capital allocation and long-term shareholder value. We believe repurchasing shares at current levels represents an attractive use of capital alongside our investment priorities."
THEY WANTED REPURCHASE at 6$ LEVEL why would they dumped at 2$? I ADDED.
