Keeks, would agree if the cost of borrowing was de
Post# of 17862
Agree that if funds could be had at reasonable cost, it would be a better deal to fund the buyback than having to buy back shares at 2,3 4 x stock prices.....
I just don't know how realistic it is to raise funding for a buyback till they have proven deliveries, money received, and future orders. That's why I think it could be a possibility they raised some the way the had to and will deal with share prices on a buy back the way they have to....More power to them if they can get financing arranged on reasonable terms!!
I don't want to harp on that....by my calculations, using the 20 bill OSs, and very reasonable prices for tree sales with one 120, we have an extremely strong upside at a very low PE for a strong growth startup.
I feel good making that statement, so lower OS, higher prices for trees, or more interest from public/institutional investors make it intreging to me.
That's why I am still here and will be for awhile.