Billion shares with price at $1 a share is a billi
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(Total Views: 653)
Posted On: 06/05/2018 10:22:29 AM
Billion shares with price at $1 a share is a billion dollars
500 million at 50 cents
250 million at 25 cents
125 million at 12.25 cents
62.5 million at 6.125 cents
31.25 million at 3 cents
15 million at 1.5 cents
7.5 million at .075 cents
Now that's if they wanted to buy back ALL of their shares and retire them.
Let's say they only buyback 2/3 of the shares.
2/3 of the stock at the current share price is about 5 million ballpark figure.
It's entirely possible that a huge run in profit by end of year can at least do some damage to the billion shares. They could definitely be waiting for the price to fall to buy them back.
If they are producing for Mexico and getting into major grocery outlets like central market we could have a serious home run on our hands of they opt for a buyback
500 million at 50 cents
250 million at 25 cents
125 million at 12.25 cents
62.5 million at 6.125 cents
31.25 million at 3 cents
15 million at 1.5 cents
7.5 million at .075 cents
Now that's if they wanted to buy back ALL of their shares and retire them.
Let's say they only buyback 2/3 of the shares.
2/3 of the stock at the current share price is about 5 million ballpark figure.
It's entirely possible that a huge run in profit by end of year can at least do some damage to the billion shares. They could definitely be waiting for the price to fall to buy them back.
If they are producing for Mexico and getting into major grocery outlets like central market we could have a serious home run on our hands of they opt for a buyback
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