NST 0.28% $14.35 northern star resources ltd

Ann: June 2023 Quarterly Activities Report, page-86

  1. 3,001 Posts.
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    Dear Exised,

    Am I to be impressed that you bought 10,000 shares approx., at around an average of $8 each?

    The 52 week high and low is $6.93-$14.44. The midpoint is $10.685. The current price of $11.35 is not far from this 52 week L/H midpoint. From your post, one would think that I would die in a ditch for the buyback to commence straightaway!

    Further, you haven’t make a compelling finance case as to why completing the buyback around the current price would be a poor use of the $160M. I’d be interested in reading it, if you were to provide it.

    All you’ve done is to advertise how smart you think you are…


 
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