Jake, thanks for collecting those answers and posting them.
Well now we know where we stand, a text book answer on the theory of buy backs.
It's comforting to know that they ask us. "why would we pay more for something than we have to...."
A pretty safe answer, but one that begs a couple of questions, although all I will say is that I hope they never have the brass neck to call our shares undervalued and suggest this buy back will help address the problem. Well maybe it will, if we all live long enough.
So fellow shareholders, a clear signal, every bawbee counts, we are the guardians of your capital, we will spend it most frugally, trust our financial acumen, buckle up for the long haul. You will thank us really in the end,
Well I say you've spent multi millions on operations that the market has given two fingers to, in share price valuation, so yes indeed be ever so frugal on the buy back.
Brookside management pip watchers par excellence.
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