A share buy back is logical if the company believes that they would be picking the shares up at a steal and removing them from the trading pool then they can sell some more at a later time if they needed too to raise capital or roll another company in on a merger.
I realise you might have sold out by now @airconditioner but perhaps might you offer a perspective on how you might like to see the company proceed on such a decision.
You were always a little undecided. Do you see value in the company doing one now?
I remember there was consideration at $1.50 so being practically at $1 that's a reduced investment cost for the company and perhaps becoming increasingly enticing.
- Forums
- ASX - By Stock
- Banter and General Comments
A share buy back is logical if the company believes that they...
-
- There are more pages in this discussion • 11,068 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)