MEL 0.00% 0.6¢ metgasco ltd

I can't see too many signs of the proposed share buyback...? In...

  1. 521 Posts.
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    I can't see too many signs of the proposed share buyback...?

    In my opinion it would be a very good time for management to buy.

    Buying quite a few million at 5.4 cents would represent a near 25% discount on the 7.1 cent cash backing, give an opportunity for those old disaffected shareholders who wish to exit as well as strengthening the company overall.
    Last edited by Blackpete: 07/01/16
 
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