Buyback histories show mixed results. In some cases they are disastrous for companies and shareholders. CTP's circumstances are mutifaceted - it is not a straightforward proposition. Buyback for CTP is high risk for both company and shareholders. Dividends are the only straightforward no risk proposition. Board should initiate dividends demonstrating confidence in their plans signalling safety and continuity to others.
CTP Price at posting:
5.5¢ Sentiment: None Disclosure: Held
