GREY:ALARF - Post by User
Comment by
westcoast1000on May 11, 2018 1:54pm
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Post# 28019674
RE:RE:RE:RE:RE:Trading below book value
RE:RE:RE:RE:RE:Trading below book valueThanks to TT and Caph for taking the time to explain to the impatient and price obsessed shareholders out there that buying back shares is not a good idea when you are a company that invests in other companies. We should have better options.
This whining about share buybacks is basically a hope that the share price will be goosed a bit, while ignoring that all we have in this business in the ability to invest in others.
Some would like it if all the shares except theirs were bought back. Then they wod have one huge share owning the company, all while sitting at home wishing others would make the world perfect.