I agree a buy back when the SP is 20-35 is the way to go perhaps...

I agree a buy back when the SP is 20-35 is the way to go
perhaps 40 is a little low for a capital raising. maybe 50 cents however things that need to be considered is how much could one pay down with the current Aussie/US exchange rate.

I am not suggesting the time for a Capital raising to pay down debt is now, all I am saying is it must be the key reason why the SP is still languishing, I for one struggle to see another reason.

A strong SP gives more options for growth, however I do suggest that a buy back at present is best