Post by
invest234 on May 02, 2022 11:50am
serafino, great price for buyback, save on div cost.
the more shares are bought back, the more dividend expense is saved.
win-win.
Comment by
Stratocheif on May 02, 2022 4:50pm
How about buying back some of the debt. Saves interest expence which directly affects bottom line and at the same time reduces future risk....equity holders are forgiving, bondholders not so much
Comment by
invest234 on May 03, 2022 12:33pm
when shares are extreme undervalued, buying back shares gets a much higher return than just 6.75%. if shares are 50% undervalued, buying it back is like getting 50% + 3% return on investment. that is much better than only 6.75% on debt.
Comment by
invest234 on May 03, 2022 12:53pm
or it can be considered 100% + 3% return on investment if those shares double to fair value when it was discounted 50%.
Comment by
Golddd on May 04, 2022 12:25pm
the worst mining company in the world in terms of valorisation and management. instead of raising the dividend and going public on another stock exchange, they are stuck doing and saying nothing. and the buy back ???? there are still 1.2 million shares short. they should go to work in the mine
Comment by
Stratocheif on May 04, 2022 4:47pm
You talk as if gcm doubling in price is a certainty. Been there done that. Nothing in this world is a certainty
Comment by
invest234 on May 05, 2022 8:12am
you don't think toro doubling gcm production + aris shares going into production would double gcm share price? if not then why are you here at all??