BDR 0.00% 6.5¢ beadell resources limited

Buy-Back, page-2

  1. 5,418 Posts.
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    I vote here as a one cent divi can get gobbled up in five min of robotic trading.

    A buy back (as a long term strategy) would force shorters away. Wouldn't it?

    If you do the maths, a buyback, if the share price remains where it is, and the cash flow is as projected, would live some lucky shareholder (who never sold) with ONE SHARE worth about $200m. So your 25 cent share today could be worth $200 mill.
 
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