enjoy it, page-13

THE "Buy back " a huge success, it got rid of all the losers, cheaply.
If u look at it another way , the gain for us remaining shareholders is millions. We own more of the company, at a huge discount to valuation.
Thanks Mr Moore for preserving our cash and shares.

Unlike PAN who went on a spending spree and need to spend hundreds of millions more, to get 1 cent back.
PAN for as long as I can remember, was worth a lot more than MCR, till they got a new chairman.

Unlke Kagara who wnet broke.

Grand plans led to Kagara demise
This time last year, the board and executives of Kagara were in an ebullient mood. They had just hosted 60 members of the financial community on an exhaustive tour of the company's North Queensland operations and revealed an ambitious five-year plan to turn the miner into one of the world's top 20 base metals producers.