KCN 7.03% $1.37 kingsgate consolidated limited.

Management has 10 million shares ++ and all the preference...

  1. 1,704 Posts.
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    Management has 10 million shares ++ and all the preference shares through Lotus Hall. A buyback artfully done would reduce the manipulation profits and increase some shareholders profits, those who would prefer capital gains to dividends or other means of returning capital. One has to be careful not to fix a price which is illegal. Superannuants and others who like income would prefer to see a small dividend perhaps. A buyback would increase dividend payments down the track, but some of us have been waiting a while already.
    Last edited by fitzroy5: 25/01/24
 
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