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0.00% 0.9¢ stonehorse energy limited

On-market buy back is absolutely required here to generate some...

  1. rovic0
    799 Posts.
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    03/11/22
    14:54
    Post #: 64571340
    On-market buy back is absolutely required here to generate some positive momentum.

    Look at what’s happens with coal stocks over the last 6-12 months…the free cash flow just HAS to be returned to shareholders in various forms.

    Even NHC today with a $300m buyback announced.

    I would like to see at least $2-3m announced here by SHE. Still leaves plenty for capex into new WI, and ongoing opex is easily covered by monthly revenues

    Last edited by rovic0: 03/11/22
    SHE Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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