RE:RE:RE:RE:RE:RE:Share buybacksWell you will know, if they decide to provide a special dividend?
If you listened to the Peters Video link, and the discussion between Terry and Peters Co regarding ARX's buy back strategy, buy back price, and projected NAV at mid cycle pricing.
At the time they were doing those buybacks the share price was a lot cheaper, now with the share price closer to $19 dollars should they really be doing the buybacks? Or are they exposing shareholder to extraordinary risk?
I am not sure why your so mad at me, i am nothing buy an innocient fly on the wall, the messanger, i thought you were intune with management, and would explain the buyback strategy for me, and at what prices they would buy back shares. Surely you don't they should buyback share with no respect to NAV or midpoint commodity price assumptions.
Thanks for your valuable feedback.
IMHO