stevo -buy back, page-28

It certainly makes sense - just like it did at 3 and 2 and now 1 something......

Lets look at the rationale at all 3 times
1) To give shareholders greater exposure to the upcoming Brazil drilling campaign - ( really to quell shorters and because Insto's wouldn't agree to a dividend ) - thoughts pass or fail?
2) Underpin the share price at the bottom of the cycle as per AGM - pass or fail.
3) Underpin the SP at a lower price again after the AGM and falling further - pass or fail?

Yeah great idea all makes sense what they are doing.

Who suggested they buy an asset they aren't managing the cash they have at their disposal - and you'd trust them to buy an asset in the market that will just get cheaper after they bought it?

Come on i get it you can never pick the bottom or the top - i know ....... they haven't done a bad job of misreading it the last 3 goes at the buy back have they?

And 2 years ago i sat at the AGM when they were telling us how they had a 1700% rise since listing and we were at the bottom of the cycle???

Thats what they get the big bucks for - their judgement and decisions.....

Yeah the buy backs have again proven their acumen.....

Anyone got a monorail for sale - reckon i know where there is a buyer other than Springfield?