point i'm making is now is now a good time to be spending money on buybacks...the economic outlook is still unstable....what they have in the bank is not a retained profit but whats left over from the carcass of the former ozl minerals..in fact the company retains a massive loss atm..best play it safe and have cash backing in case the economy goes south....as for cash buybacks concentrating value....correct....but it'd have to be a massive buyback to achieve that goal...and ozl does'nt have that sort of spare cash to spare....
...concentrating on increasing the value of PH would be much wiser...
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Currently unlisted public company.