My point was that Crystalclears idea of a share buyback would help the share price, and also give out the message that the company clearly has plenty of cash to see it through.
The company has about £15 million cash at present, given the savings implemented this should in my mind, should see the company with cash for at least 5 years, longer if they make further cost cutting measures.
I did not state they have or will have cash flow problems, cash is not a problem.
Given the changes since the prospectus, maybe the seed money raised, was more than they need.
This extra cash could then be used to buy shares at this current low.
Hope this clears up your misunderstanding of my earlier post.
Speedway Motorsports stock quotes
Speedway Motorsports stock charts
Follow this thread
