OZL 0.00% $26.44 oz minerals limited

a share buy back, page-67

  1. 62 Posts.
    >I think I have provided enough information to show that >you don't automatically increase a share price simply by >buying back shares, as was implied by your original posts.

    I didn't imply that I stated that because it's true and provable from any number of textbooks.

    Doing a sharebuyback in an undervalued firm with debt increases shareprice all things being equal.

    As in page 533 of issues in financial accounting by henderson& Peirson tenth edition

    Ryan
 
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