Thanks, Coalhardcash, for posting the Matt Warder video, which was well worth watching. One point he made quite strongly was the value of buybacks for companies with high levels of free cash flow (well illustrated by the remarkable success of AMR in the US). WHC has had a vigorous buyback program, which it has paused for the moment while it digests the acquisition of its BMA assets. Has YAL ever considered instituting a buyback program, do you know?
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$7.11 |
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