Tbh I don't see a win regarding these aml shares of cfe.
Buybacks are pretty worthless and there are tons of examples out there. It takes away from capital investment and doesn't provide value. It simply drains funds and is false hope to shareholders.
So if cfe doesn't buy, it loses from control issues. If cfe buys, expect money drained and capital raising in future draining more money. In effect... Lower share price.
I predict Shandong will outbid cfe. Cfe doesn't exactly have limitless pockets.
Also Tony sage is not on any recent billionaires list. I think he's been cast down to millionaire...
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- CFE must not buy bcak AML holding 122M shares
Tbh I don't see a win regarding these aml shares of cfe....
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