JIN 0.00% $17.12 jumbo interactive limited

What is the reasons for having BB when ur a using borrowed funds...

  1. 9,821 Posts.
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    What is the reasons for having BB when ur a using borrowed funds to buy a stake in another company?

    To me ur redirecting excess funds to the wrong area. They could have given us a bigger dividend in stead of gambling these funds on a BB.

    It also arouses suspicion that the BB starts just before an AGM - 14 Sept 22 and notice of upcoming AGM 10 Oct 22.

    How do we know if they are paying excessive price for a repurchase of shares?
 
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