RE:RE:i understand it's a rough market. It would be better to pay off high interest debt before starting share buybacks. Positive cash flow, profitability and a strong balance sheet will attract buyers a lot faster than share buybacks.
Gottofly wrote:
I believe after a few more payments by the Saudis Peter will do right by the longs and initiate the already approved share buy back. Then we will see some upward pressure on the SP.