RE:RE:RE:RE:An incentive to Performance, Brilliant in its designGee! Duh!
Why doesn't anyone want to discuss real metric with "I am here for a short time, not a long time" poo?
Maybe because the metric you want to discuss benefits longtime investors and not "short time" in and out traders.
Discuss this:
Since commencing its initial NCIB in September 2021, ARC has repurchased approximately 18 per cent of total outstanding shares or 132 million common shares, at a weighted average price of $16.13 per share. ARC intends to continue to distribute essentially all of its free funds flow to shareholders in 2024.
May 9, 2024
Honestly poo. ARX has kept production flat (your words) for 3 years and bought back 132 million shares (18% of their total share float) and their share price rose to $26.45 (52w high) or 265% from when they initiated the NCIB and you think buybacks are bad?
Management took over VII operations 3.5 years ago and the share price went up 375% and you think they are bad too?
All while paying a dividend that increased 283% since the takeover.
No wonder we don't listen to you.
GLTA ARX BULLS