TIE 0.00% 67.5¢ tietto minerals limited

Buyback 10 million shares a month, page-3

  1. 890 Posts.
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    Shareholders come first.

    Buyback & Cancel some of this funding dilution whilst the shareprice is low is No #`1 for the long-term benefit of shareholders.

    All what you say is great for the resume, but if they keep 1 billion shares on issue then the upside benefit for shareholders is reduced..

    https://hotcopper.com.au/data/attachments/5639/5639331-ed13c7738913edd205710097572bfbcb.jpg


    It's a juggling act for sure, but to buyback cheap, Cancelling shares forever during this time & progress your things at the same time and the long-term benefit is great for shareholders instead of all the achievement's just looking good on Managements resume.sneaky.png

    Shareholders don't care about Matt making a name for himself, they care about low shares on issue so the future dividends are MUCH higher. what.png
 
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