Thank you for your response , as always measured and reasonable.
as it stands I reiterate …. why spend 1.75m on a derisory amount of shares viz a viz the total soi
Use it on other matters is my view, is this buy back the best they can do with our money? I think not or should I say I hope not.
this idea of suddenly we might need money for JV demands, duh, why even continue with a buy back then?
make it a meaningful buy back in a meaningful timeframe, or else plough our capital into operations, Apparently it’s unlikely to be the former, so let’s make it the latter.
We may well have to look beyond Swish depending on how monetisation progresses, and even if we do stay in Swish it’s an expensive postcode that’ll take a lot of cash out of the business.
so no I don’t rate this buy back as management’s finest hour, and sometimes wonder if they’re serious about it at all.or just a token gesture to assuage certain vocal and disgruntled shareholders.
lol sorry for the grumpy post
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8 | 4333571 | 0.007 |
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7 | 3258000 | 0.005 |
Price($) | Vol. | No. |
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0.011 | 54586909 | 44 |
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