They freed up $2.4m by selling TCQ into the offmarket buyback at 31c. Wonder whether they will try to buy back the position at the current market of 27c or redirect the cash elsewhere?
I like it that they are "capital hungry" because it means that every investment they make has to have a clear exit plan. The more profits they make and take the more they get to play with - sounds good to me !
They freed up $2.4m by selling TCQ into the offmarket buyback at...
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