Fri, Dec 26, 2014, 6:39 AM EST - U.S. Markets open in 2 hrs 51 mins


% | $
Quotes you view appear here for quick access.

Claude Resources, Inc. Message Board

  • valueminer valueminer Apr 9, 2014 11:18 AM Flag

    Share buyback to add value

    Given that the book value is somewhere around $0.80 and the current shareprice at $0.175, management may want to consider a share repurchase. Now that the balance sheet is more stable, this would show the shareholders that they are thinking about shareholder value. In addition, this would be highly accretive to earnings given the low share price. If they would declare a $2.5M repurchase at the current shareprice, they could reduce the float by almost 14M shares, which is about 8% of the float. We have a $2.5M payment coming in the next six months from the Madsen sale.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
0.2411+0.0001(+0.04%)Dec 24 12:09 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Virgin America Inc.
NASDAQWed, Dec 24, 2014 1:00 PM EST
Novo Nordisk A/S
NYSEWed, Dec 24, 2014 2:48 PM EST
Amira Nature Foods Ltd.
NYSEWed, Dec 24, 2014 1:04 PM EST