TER 2.44% 20.0¢ terracom limited

Ann: Dividend Declaration, page-244

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  1. 1,853 Posts.
    lightbulb Created with Sketch. 185
    The final destination is maximum returns

    not dollar - but percentage

    if you can buy back shares on a PE of 2, that's a great return

    thus -

    - do you maximise returns over the next 2 years? Dividends
    - or do you maximise returns over the next several years? Dividends + buybacks?

    who knows? But buybacks sure burn short sellers attacking the stock
 
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