It’s brilliant strategy saving a few bucks while the share price is so cheap they are scooping up hundreds of millions and going back to get get authorisation for more. (Oh wait)
As the song goes, money for nothing that’s the way to do it.
Financial management of the highest calibre.
what do you mean why are the shares so cheap? Pfft who cares, that’s not management’s concern. They must ensure that they can buy these shares at the cheapest price possible.
who cares if mum and dad investors are struggling, losing faith, losing money on their investment.
who cares if youtuber financial commentators are scratching their heads wondering why our share price is so low.
who cares if Black Mesa have produced scintillating operational results.
it will all be worth it in months/years/decades to come when we have fewer shares on issue and the share price will rise like a phoenix from 1.3c to.? (You insert your figure of choice)
Brookside Energy a company that cares more about saving a few bucks on buy backs than it does about its market capital?
Hitting it out the park operationally, hitting its shareholders pockets financially?
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