PLS 1.64% $3.00 pilbara minerals limited

I'm not saying it's the be all and end all, just another tool to...

  1. 68 Posts.
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    I'm not saying it's the be all and end all, just another tool to add shareholder value. I am all for smart expansion activity and that as a priority over buybacks. Our cap mgmt plan reflects that. Agree,if a companies headline activity is buybacks only it has run out of imagination and is usually run by an accountant. A lazy balance sheet and not acting in the best interests of shareholders is also poor mgmt.
    Check out the Cap mgmt plan where buyback is mentioned as one activity item. Wouldn't be an option for me either if $10m per day wasn't pouring into our company.
 
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