Nach dieser NEWS kann davon ausgegangen werden, daß in Kürze etwas größeres kommt...
PRVHE: To Buy Back up to 20% of Its Common Stock
Providential Holdings, Inc. (PRVHE) announced that the Company will buy back up to 20% of its own common stock. The Company`s Board of Directors have unanimously passed a resolution to authorize the purchase of up to 20% of its own common stock from the open market in the next twelve months depending on price levels and the Company`s liquidity from time to time.
Henry Fahman, Chairman and CEO of Providential Holdings, commented: "As we continue to focus on M&A activities and take advantage of new opportunities, we believe it is prudent to buy back our own shares from the open market to increase our shareholder value if market price levels and liquidity warrant such an action."
Meine "Vermutung" sagt mir, daß es mit Öl zu tun haben wird...
GN