Ann: CSR Limited Announcement of buy-back - Appendix 3C, page-17

  1. 4,015 Posts.
    lightbulb Created with Sketch. 22
    Sorry Malay

    It is all fairy tales. There are rules and regulations about buy backs. Buy backs will not push the price down or up. If the share price drops, as in the example of Karoon, then share holders have lost money.
    Wish holders would see that there are two sides to the equation. Why do you see less shares and not less cash on the balance sheet?
    Growth is not achieved by less shares, it is achieved by investments. If you can't grow, return cash to shareholders. All share holders. Not to just those who want to get out.

    Pear
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.