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?
Posted by at
Labels: ,

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

    ReplyDelete
  2. bhoomi18 December 2015 at 18:56

    This comment has been removed by a blog administrator.

    ReplyDelete

Subscribe to: Post Comments (Atom)