KRR 5.00% 1.1¢ king river resources limited

Ann: Tennant Creek Drilling Update, page-47

  1. 630 Posts.
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    Mad to think that management are the ones driving their own share price down. Truly weird to think why they're doing this buy back in the first place. Perhaps just anything to help the SP reach 3c for bonuses? Shows how much they care about long term SH value, will burn company money buying back shares purely to help them hit bonuses. It's a lifestyle/ cash cow for them. Please hit 3c and or 5c though.
 
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