HUM 0.00% 46.5¢ humm group limited

Why not a buyback???, page-27

  1. 3,808 Posts.
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    A satirical back and forth script below:

    HUM B.O.D: here's a little presentation on how undervalued we are

    Investors: when buy?

    B.O.D: people should be buying we are so undervalued!

    Investors: when buy?

    B.O.D: we've made it clear how undervalued we are

    Investors: why you no buy?

    It's that bloody simple but unfortunately management don't get it, they don't hesitate to sell shares (that's what raising capital is), so many companies continue to sell shares and dilute holders all the way down, why do they never become buyers?

    I'm surprised AA isn't pushing a buyback, however I suppose that would be considered a conflict of interest being the biggest shareholder.
 
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