PME pro medicus limited

Ann: Update - Notification of buy-back - PME, page-7

  1. 454 Posts.
    lightbulb Created with Sketch. 23
    Let me say from the beginning, Share buy back is something new to me. All the other companies I have invested in actually issued more shares to raise money.
    I see the reasoning, less shares floating around mean earnings per share increase .
    Like a ponzi scheme in reverse.
    Does not mean greater revenue.
    To increase revenue, you need to increase sales.
    R&D , recruiting quality personnel will increase sales.
    To do this you need to spend $. Build the business.
    Share buy back increases the share price, good if in a few years the company wants to do a Cash raise and issue more shares.


 
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