GREY:ALARF - Post by User
Comment by
nedstar71on May 10, 2018 6:22pm
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Post# 28015009
RE:RE:Trading below book value
RE:RE:Trading below book valueBSdetector2016 wrote: Aspertheoldman wrote: For the first time , AD is trading below its book value.
AD should buy massively its own shares
Exactly what I have been proposing. It's the only way to stop the slide.
What is your logic behind how it would stop the slide? A buyback wouldn't even come close to absorbing the volume, the market wouldn't care that the company feels the shares are undervalued, and they'd be paying interest on money paid for they buyback with no real return, instead of getting more royalty income. Instead of hit and run complaining, by all means elaborate why a share buyback makes sense considering my points are pretty much undisputable.