RE:RE:Share base compensation explained (both past and future outl
Thanks for the write up. I'm also still bullish. The cheaper the shares the less we pay in these payouts and the higher the shares the more in my account. Debt went down ... and last company I was all in on was PXT zero debt 10% share buy back ... guess what in 2019 directors sold 30M$ of shares (buy back was 300M$ 3B$ MCAP) so ya theres no perfect solution. Also look at other companies from 18-19 and look at share count today (its gonna be up alot) . All the FCF machines paid down debt or were hedged and had a reason for less income. We paid down debt and put up production... I don't see a problem just because FCF isn't perfect. Usually on the fixer uppers the 2nd quarter isn't the Finnish line... but lowered debt and raised production and prices ahead of expectations is all a win . The coming tide will lift all ships. We just needed to get this submarine out of the water as a start