NCIB are waste of shareholder $$$Only reason mngmt wastes shareholder $$ on NCIB is to get their options into the money....'cuz they have been unable to grow the company.
If NCIB's worked, AOI would be $5 instead of $2.50 after wasting $50m+. Did it make shareholders better off? F no
Since December 6, 2023, up to and including May 24, 2024, a total of 17,137,532 Africa Oil common shares have been repurchased under the share repurchase program through the facilities of the TSX, Nasdaq Stockholm and/or alternative Canadian trading systems.