RE:BuybackHoarding cash so when Germany shuts down this winter and rest of europe collapses to a massive welfare bloc, along with oil to $20 bbl, they can pick up highly leveraged assets $0.05 on the dollar before EU abandons its Nazia support or all the govts are kicked out by electorate, on top of the six who already got the boot in last three months. Maybe they can pick up some RU assets that serve 90% of the globe that refuse to support Nazis or Nazi supporters. Regardless, cash is king and even I am hoarding cash ready to pick up prime real estate in Munich, on black sea, and Budapest at 60%+ discount to May 2022 prices. Go NATO go!!
Lonegaurdian19 wrote: Is a $75 million buyback unreasonable with our revenue based on roughly $70 oil YTD? With 477 million shares outstanding, prime managing debt and spitting out dividends. The AOI Dividend is poultry almost laughable, there isn't much they can buy in this environment so let go Keith. Hoarding cash isn't a move, not sure we can get rid of a Keith but if things don't start happening the board can definitely be targeted to bring about change given the low voting turnout.