LVE 0.00% 13.5¢ love group global ltd

Ann: Details of share buy-backs, page-3

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  1. 1,158 Posts.
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    Agree @Permabear. By far the most shareholder friendly way of distributing cash on the balance sheet. Ideally if they can acquire 4m shares under $0.20/$0.30 we end up with market cap of 7.2/10.8 (EV 7.7/ 11.3) respectively at those prices instead of 8 and 12m (EV 8.5m/12m) respectively at those prices....if only they can find that volume of shares to buy!!

    excellent decision...
 
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