News: SEQ Sequoia Financial Group To Conduct An On-Market Buy-Back Of Shares, page-6

If they increase debt my preference would be to acquire another value accretive business such as another Libertas over using debt for a buyback. Alternatively they could sell a noncore business to fund a buyback or to fund another acquisition. Surely this is a smarter way forward over adding debt to the business to buy out shareholders.

My view is if the fundamentals of the business align with a clear strategy surely the business will attract new shareholders & hence will fix the share price weakness. A good example of what not to do is XPL. The major buyers have been directors and the company through a buyback. It failed and look where XPL is today.