Preso really highlights how low the EV is compared to their peers and other producers, essentially making a really great case to kick-off a buyback yet they continue with wanting to buy a production base first, these guys just don't get capital management 101. They will talk about a buyback but likely will never do it or will start it too late.
And Next conference call can someone please ask them to kindly stop highlighting how awesome TSR has been since Mar/Apr 2020, we all know what happened just prior to that and for Total Shareholder Return preso charts to 'begin' just after the covid crash, negative oil price, Macquarie debt fiasco with GC21 and subsequent cap raising is bloody insulting.
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2 | 245123 | 0.008 |
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