I am interested in the possibility of a share buy back...
If say XPD were able to allocate say $5m of their cash reserves to be used for a share buy back...where do you think the share price would end up? $5m is around half of the market capitulation..
It’s possible a $5m share buy back would push the share price up towards 20 cents and the company will still have $45m left in the bank.
This would be a good outcome.
XPD Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held