RE:Case study #2 - Henry Singleton and Teledyne Inc.Thelongview wrote:
If GH were to do something similar, all shareholders would get very, very wealthy.
We need a SIB for GH.
TLV, I often wonder if you are a descendant of Singleton...
Yes a plain SIB of 2mm shares at $9 would add value if it were filled.
I like the idea.
However, I wonder if that $9 offer would even get 500,000 shares tendered.
Guess we don't know if we don't try.
I think there's room here to continue the $0.36/yr while borrowing to fund an SIB.
That would get my vote.
Take a few years to pay it off but a solid long-term investment in the existing business.
Timing would be ideal with early stages of Alberta recovery.
Risk would be the obvious, extended recession.
Hmmmmm....