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Ballantyne Strong, Inc Message Board

  • tigerpac tigerpac Oct 1, 2013 10:41 AM Flag

    Well Knock Me Over With a Feather

    So after the acquisition we still have almost $30 million in cash on the Balance Sheet. Let's just assume they need another $5 mil for additional working capital....they probably don't but I'll give them the benefit of the doubt. They still would have about $25 mil left in the bank..just sitting there....buyback is probably off the table for good since acquisition will boost share price.....a least there is some news we can chew on for the next few months.

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