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Long Run Explor Ltd Ord WFREF

Energy Oil & Gas E&P
"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Long Run Explor Ltd Ord > For sale cheap... must go!
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Comment by theman0on Dec 12, 2014 1:50pm
237 Views
Post# 23224831

RE:RE:RE:For sale cheap... must go!

RE:RE:RE:For sale cheap... must go!
Your right JohnJ, the announcement of a share buyback is more of hypothetical tactic than a reality. But at least it keeps a door open if they feel the need to step into the market. Take 10% of the float out of the share pool every year and you pay dividends on 10% less as well. But it is more likely that they would use any savings to continue with ongoing projects.
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