They are fair points you make, and the perpetual buy back runs the risk of extreme illiquidity. But since I am a long term investor, it doesn’t concern me because there is extreme value on offer here - north of $14. I can hold with the dividend in mind, even unfranked.
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1 | 2000 | 9.410 |
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1 | 3220 | 9.000 |
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9.700 | 889 | 1 |
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