Share Buy Back14 Jan 2021 15:41
We know the BOD look at this bb on occasion - can we talk about this as a serious option.
I say we need to pump ARB to the Nasdaq asap, whilst Bitcoin & sentiment are behind us - we have all seen what an absence those things do to let this share wallow in the mud (whilst peers race on), so sumone tell me why this isnt a useful utilisation of our recent profits/warrant cash pool.
We dont appear to be going to do further re-investment (in the short term), we have no debts to pay off, the cash is likely temptingly sitting in the bank,just waiting for the directors to up their bonus's or something, whilst well deserved this is a critical moment for the company, if we get above $2 per share this piddly amount of cash in the bank may get a serious shot in the arm from the Nasdaq boost & we protect the company from a cheap hostile takeover at the same time.
So I say use the cash, for a one off share buy back to help breach this $2 critical milestone & then crack on to the Nasdaq & become a proper miner - then by all means directors reward yourselves for a job well done.
Just my opinion ofc...