SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gendis TSE:GDS.A -- Ignore unavailable to you. Want to Upgrade?


To: Robert Salasidis who wrote (70)11/26/1999 3:48:00 PM
From: BioInv  Read Replies (1) | Respond to of 81
 
I agree on the good news .. and I assume that there is no tax due because of the capital losses from previous years.
Three questions
1 Why would the stock price not rise on this news? It fell a few cents.
2 Why would GDS management [ which claims to be interested in shareholder value] not work with the business papers to get the "good news" message out?. Both the Globe and The National Post had very small "cut and paste" abstracts from the Press Release hidden on page 2.
3 Why would GDS management [ which claims to be interested in shareholder value]not use some of the cash to buy back shares?. For $5m they could buy back 7% of the outstanding shares. Do they think that the current share price [ i.e a market cap of $75m or 40% of Book]adequately reflects the value of the company.