RE:RE:RE:RE:RE:RE:RE:RE:Kelt's Oak Dilemma (amateur hour)My view is that the only way these companies show discipline regarding shareholder capital is if shareholders are clear that companies that don't show discipline are not provided with capital!
Say what you will about Eric Nuttal but he has been very public about this. I am on the fence about share buybacks but the message of "return capital to shareholders" seems to be a requirement.
As Kelt enters it's new self declared stage, there needs to be more pressure on this.
LR