NEC 0.00% $1.21 nine entertainment co. holdings limited

A 30% decline since the buyback announcement. I would rather...

  1. 983 Posts.
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    A 30% decline since the buyback announcement.
    I would rather have seen the excess cash go into R&D rather than this failed attempt to increase individual share value. This buyback clearly has been viewed by the market as a company without a vision to expand. SP punished accordingly.
    (Unless of course there is some sneaky manipulation at hand to buy back their stash at bargain prices)
 
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