Everyone who believes in the value of the company I suggest you pick up the phone and call Glenn and tell him to FRONT LOAD THE BUYBACK
No CEO should let their company sit on 30-40% free cash flow yield and not buy back their share capital. Some Canadian producers are buying back 10x faster than CE1 currently is. There was a doubling two tripling in buyback activity across the board in the last week vs previous month. Now CE1 needs to do it too.
Not to mention the 30% profit being made on new capital issued only a couple of months ago.
It's a disgrace. GET MOVING GLEN
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- Ann: ASIC Form 484 buybacks to 27 June 2022
Ann: ASIC Form 484 buybacks to 27 June 2022, page-13
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