RE:Agenda Item for Dec 4th Lucara Board Mtg - Share BuybackPersonally i think it is one way or the other and the decision was made clearly to add value hrough paying a dividend . They are not going to change in mid stream now.
Look at it this way the Lundin group have a very large % of shares in Lucara. Somewhere in the area of 70 million shares with Zebra and Lorito holdings alone . Lukas Lundin 4 million shares. Elra Thomas 7.7 million although she may have other interests too think about . Lamb 500,000 shares .
Where do you think that 0.06 dividend will go at this share price come pay day ? Take the money and run or put it right back into Lucara