RE:RE:The best interest .A boatload ? 2 mil on the 172 mil shares they had . i.e 1.2 % .... lol
Svm has the same float for the last 8 y. That's why they have twice the mcap of gcm with only half prod , meaning the svm oz produced is worth x4 the gcm one.
Gcm for good or bad reason has increased by 250% its nb of shares in less than 3 y .
If you want a perfect exemple , follow rzz . Repurchases since inception .
With due respect , don't try to challenge mother nature. The more something is abundant the less it has value at constant package .
The more the bolivar are issued the less it has value . ( same but on weaker ratio for all the currecy ) However , look at bitcoin .... strange isn't it ? ( this is extreme ex )
It 's time lost to try to ovoid this basic lesson. The best run for gcm was the last 2020 quarter against all the sector . Check please why .
Doesn't mean operating or results are worthless , it simply means you have to be proactive ( and intelligent ) with your float .
Gcm management is not so stupid . They bought back all the crazy g .notes they had with cheaper borrowed money . They took advantage of the situation .
They have to do the same with their stocks. Buy back them low now to reissue them higher ideally at a new high if needed . Cost : 0
But the most important : people ( small investors but big too ) will follow more you think if they are defended . Fino is asking himself openly why gcm has not enought big ( very big ) shareholders .... lol.-)
100k ( or more ... the dream ) shares cancelled each month ... regurlarly .. trust me would have great impact .
My last post on this topic. Glty .