What some shareholders think for your next Board meeting.
A buy back at these low share prices OR a dividend ?
Please refer post January 7.
Buy Back votes = 35
Dividend votes = 16
One could argue that 2/3rds. of shareholders would prefer to see a Buy-Back of shares rather than a dividend, however, TPG is the first to acknowledge it was only a small sample vote.
Great to see note this morning from MacQuarie lifting from Neutral to Outperform.
Once the balance institutional sell overhang has gone I believe we will see our share price head closer to these re-rating targets.
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