Africa Oil Corp. T.AOI

Let’s be honest

[Lonegaurdian19]

Here is a link to their capital structure

https://africaoilcorp.com/investors/share-capital/
 

If you click on the left link via there NCIB they've bought back at way higher prices shares they've given them selves.

No problem may liking the cow, they actually seem proud as they include that as "shareholder return of capital"

They make plenty in a salary but refer to "return of capital" to shareholders while only buying back enough shares to justify them doing little and waiting on Prime (not them) to pocket millions?

[Suppe11]

"No problem may liking the cow, they actually seem proud as they include that as "shareholder return of capital" It is a shareholder return...just only to special shareholders... Btw. Helios sold 2m shares the last weeks...again the buyback is there, to give a big boy an easy exit....