"not to maximise shareholder returns""what are you on about.?...

"not to maximise shareholder returns"
"what are you on about.? "
"CE1 just returned 1.2c per share to shareholders"
"The title of the thread is literally "capital return". "

As for someone who appears to be all over CE1, I'm somewhat surprised that you ask the question "what are you on about?".

What Invertedva is on about is that, sadly, that capital return is only the part proceeds of selling an acreage position for less than $12million but cost over $60 million to lease, drill & prove up. Not exactly an efficient means of capital management to maximise shareholder returns, was it?

You rightly state that "the title of the thread is literally 'capital return' ", perhaps when viewed in the context of the source of that 1.2c return, it has an important bearing on both shareholder sentiment and the commentary here on HC.

So in the spirit of maintaining your stated desire for a "positive outlook", let's hope management tantalisingly alluding to interest in & the possibility of further asset sales, are not done on similar metrics.