HGV 0.00% 4.3¢ hygrovest limited

Share buy back, page-17

  1. 947 Posts.
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    Agree mate. The point I'm trying to make is, that shareholders and the market have lost confidence in MMJ management and it is up to us to show them we are not happy, or it is up to them to figure that out for themselves and turn this thing around. The share buy back is a good idea but the performance rights kind of negate that in my opinion, by buying back shares it will enable EBV to hit their targets easier. Performance rights on offer, for EBV, are %5 of total shares currently on offer, if all targets are hit. It is good if they hit them, but is it worth %5 of the company? Current shareholders can see that it is a back door deal for Michael Curtis at current performance right levels, and in my opinion, more importantly, the market can as well. So without action and some results this stock is going no where.
 
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