sold most above 30c as soon as I heard ‘share buy BACK’
The announcements of share buy back have been written in such a way that it’s supposedly good for shareholders and accompanied with a low ball dividend to keep sp stable while best profits are made
however history tells us it’s only engineered to buy back shares of insider option holders at massive profits because there is almost zero interest from outsiders
after massive profits are realised the sp will crash into the abyss again ready for more family sized company funded cheap options
absolute JOKE if I ever saw one
5GN Price at posting:
23.5¢ Sentiment: Sell Disclosure: Held
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