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.


Is this an appropriate time to do share buy back?


  1. 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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