Ann: Appendix 4D and Half Year Financial Report, page-117

To Past performer

However, a buyback from a lower share price back is ultimately better for long term holders. So despite this negativity in the long run it should be a good thing. Their decision not to pay out all that cash in dividends may actually end up being a masterstroke, as they have more insight into the market then we have.

The same insight argument would be valid if they simply held the money in the short term money market and earned interest.
Holding cash in this market instead of risking it with BB’s, when uncertainty is happening around u, doesn’t sound logically.

Instead of supporting BB’s, explain to a novice like me how I can benefit from the BB’s

Even Warren Buffet has difficulties in understanding the benefits of BB’s