As a reminder, management spent $100 million purchasing shares at an average price of well over $13 per share in the fourth quarter of last year and this year.
How are they going to turn this thing around? More Yogurtland press releases will do it!
4 replies (most recent on top)
Well, it's below 9 now as we speak. Good luck those staying behind!
Digital services was not enough to cover the massive debt that Voyix had. Now Voyix lost the revenue of their most profitable division.
Everything is in decline, nothing that’s left is viable, POS and SCO can’t compete with cheaper better products from other companies, service calls are down with cashless SCO.
Voyix simply has nothing anyone wants and is way over priced for what they do.
What happened with the boatload of cash selling off digital banking?
Bankruptcy if they can’t sell? Reverse stock split if it hits $5 ?
We all know layoffs will continue, still a lot of upper layers left to cut.
Not many options if they can’t make any money.