RE:Based on 50% FCF commitment ....Well if those shares issued to management added up to 1.1m for you its entirely possible that the rest of your math is equally in the toilet. Just a quick look at SEDI but it doesn't look like even .1m issued to management but keep banging that drum.
At least your politics are on point.
Over 2m shares bought back in August / September and its possible FCF was affected by lower commodity pricing. You know returns are based on current FCF and not past right?
GLTA
mnztr wrote: VET should be buying 1.7m shares back per month, after deductng the div payout. So maybe they did but I guess the fat cats issued themselves 1.1m shares and figured out the dopey shareholders would not notice, and they are probably right. Here we are bleeding and cheering that they reduced shared count by just over 1/3 of what they promised. yeee haaa. No wonder so many here believe PP's BS, lol.