$SNDL Inc (SNDL.US)$ the thing that worries me about this st...
$SNDL Inc(SNDL.US$ the thing that worries me about this stock right now is the threat of a compliance request to get their stock above $1. Even if they started their stock buyback it wouldn't get it up to $1. I think they could only buy back like less than 10 million shares at a time, I could be wrong tho. 😬😬
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NoGreedy : the problem is they use the cash to buy other company instead of buyback their own company share
ItIstheTimeNow NoGreedy: isn't this the point? Buyback does nothing for stock but buying companies like Alcanna do.
ItIstheTimeNow : and Zach already said they will R/S if they have to for compliance. How much of a split who knows but if you split and then use buyback to keep over $1 would make more sense.
SoberpoetOP ItIstheTimeNow: oh he did? I didn't see that.i didn't know he was planning reverse stock split.
ItIstheTimeNow : Not planning per say but has been saying for multiple qtrs that they value the Nas listing and will R/S if that is the only option left.