Must admit, I am not a fan of buy backs. I would much rather receive a dividend or cash bonus so that I can decide where to put the money. Time after time, over many different companies, buy backs do little to improve the SP, even if they can put a floor on it for a little while.
SLR is a case in point. All the money spent on buy backs last year has been thrown away with the downwards thrust in the SP since this announcement in February.
- Forums
- ASX - By Stock
- SLR
- Ann: Update - Notification of buy-back - SLR
Ann: Update - Notification of buy-back - SLR, page-11
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online