Wednesday 28 October 2015

A company with "negative" cash position performed share buy back???

A listed company should buy back its own shares only when there is excess cash. However, there is a company that performed share buy back when its most recent quarter report showed it was in "negative" cash position.



(Source)

Is this an appropriate time to do share buy back?
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2 comments:

  1. xiaofu28 October 2015 at 22:44

    because he will do private placement at 50 cent soon. So this share buyback consider another form of buy low sell high. haha

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  2. bhoomi18 December 2015 at 18:56

    This comment has been removed by a blog administrator.

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