My point was simply that if they buy shares now they need to fork out cold hard cash now, and let it sit while the sp recovers.
If they wait til next year and the sp recovers to say $3 then they can flip their options for a quick 22c profit, essentially without having to come up with the capital.
I’m not sure if that’s any clearer. Is that correct? I think it is.
Regardless, I would think that they would be looking to buy at least some at these prices, surely they are bullish on the industry and their company, and think there is a lot of upside from here..?!?!
Perhaps they just accept that mr market will keep playing silly buggers with the sp and the carnage is not over yet ..? Perhaps they have big mortgages and big bills to pay, and don’t have $$ spare..?
My crystal ball broke a while ago, but I do think we’ll survive and eventually prosper so I accumulate when funds allow...
I think you were onto something re A40 and there is some cunning plan in play there... we’ll hopefully find out soon enough..
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