Surge Energy Inc (Alberta) T.SGY

In q1 2018 sgy bought back 2 million shares

[soundandfury]

At 2.00 per share..........a few years later those same shares could have been bought for 1/10 or $200,000.00..........and to add insult to injury they issued 225 million shates @ 63 cents

[ariesleaf]

And who may I asked was the (brain) behind those moves.?

[soundandfury]

the very same guy who for years said sgy dividend is very sustainable

[ariesleaf]

Was it Bob or Was it Joe Maybe my final quest is PAUL.?

[Maxmoe]

I couldn't be bothered to scroll back to 2018 but I'll bet all the current armchair quarterbacks that are  today mocking the buyback and dividend were probably screaming on this board and many other boards FOR buybacks and dividends back in 2018,2019. Maybe with alias name change to hide their embarrassment. Right up to covid. Also same folks on other boards now screeching for the