Boysy,
Not at all.
Nothing wrong with a company with a cash horde buying a slice of an asset they know well at a bargain price to onsell at a profit at a later date.
I really do prefer to see companies with loads of surplus cash put it to work, as NZO has done, and I along with most NZO holders will apluad them for the PPP investment if they do cash out.
EL
