It's really simple. They're making money and keeping the register even tighter by investing in the company. By buying back shares, total shares on issue drop, however I would have preferred a dividend, that way I see extra cash.
Good call either way and should scare the shorters who are now fighting another tailwind, which the company can draw upon at any time.
The June result must be great and I'm looking forward to another earnings revision upwards.
- Forums
- ASX - By Stock
- SZL
- SEZL:NASDAQ Valuation Ideas?
SEZL:NASDAQ Valuation Ideas?, page-84
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SZL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online