berretta: "Have a few issuses with buy backs,by reducing number of shares you make yourself more vulnerable to a takeover when the price eventually falls and buy backs do NOT always support prices,have a look at the buy back CSL has done in two exercises and the price has gone down to the point that they could be vulnerable,pay me the cash anytime!"
Stop talking nonsense. Support your statement with reasoning. If they returned the cash to shareholders the market cap would fall anyway and would allow easier takeover. It would just mean they would buy more shares at a cheaper price.
20% of something divided into 100 is exactly the same as 20% of the same thing divided into 80.
Do not make baseless claims, it does not reflect well on you. Support your argument with reasoning.
CFE Price at posting:
41.5¢ Sentiment: None Disclosure: Held
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