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22-04-2016, 05:39 PM
Either case, that sounds like very good news to investors.
To the company and us investors, what's important is dollar volume not merely volume of number of shares, so I doubt less number of shares traded' is a problem for AEH. Buying back shares to prop up the price to >20 cents just to meet a listing criteria does not seem very sustainable for any company. What happens when the price dips below 20 cents again? A share consolidation would have been a cheaper and more realistic method if that is indeed their intention.
To the company and us investors, what's important is dollar volume not merely volume of number of shares, so I doubt less number of shares traded' is a problem for AEH. Buying back shares to prop up the price to >20 cents just to meet a listing criteria does not seem very sustainable for any company. What happens when the price dips below 20 cents again? A share consolidation would have been a cheaper and more realistic method if that is indeed their intention.