Hi Oracle,
What were your thoughts on the FY09 result?
Pretty underwhelming IMO. They have been "poised for growth" for so long I am thinking that the only thing growing are the cobwebs as they sit there on the start line.
If they have so much cash why are they not paying a divi in favour of a share-buy-back?
The cynic in me says that with Directors holding so much of the company they are using buy-back as first cheap step to taking MVP private.
Cheers
John
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