Birchcliff Energy Ltd T.BIR

BIR bought another 175K shares @ $6.52 yesterday

[PlutusofCrete]

Enjoy the weekend. 

Continue the buybacks, continue the debt paydown, continue the divy increases. 

Slow and steady folks. 

The best is yet to come. 

The over 250% return on the SP this year is a Christimas gift enough...no need for a special divy. The company has already accomplished something special this year with the signficant debt paydown. Santa doesn't want us to get too greedy. Let the other kids have the divys, we can have a nice big divy next year or maybe the year after that. I'll take another 100-150% SP appreciation and no debt as an XMAS gift next year instead of a divy increase. 

Let's do it all but just not at once. 

Filing Date

Dec 10, 2021

Transaction Date

Dec 09, 2021

Security Type

Common Shares

Transaction Nature

38 - Redemption, retraction, cancellation, repurchase

Ownership Type

Direct Ownership

Registered Holder

 

# or Value Acquired or Disposed of

174,800

Unit Price or Exercise Price

$6.520

[Burgersandfries]

Ok agreed on the special divi I'm agnostic on it but the cash is better used for debt reduction than buy backs! These buy backs have no material effect on the share price. Maybe if they buy back 30 million plus it will help but what they are buying back is peanuts given the float.

[RipCrackle]

they will be debt free in 3 quarters, how much more debt do you want them to repay? do you even know what company you are discussing here? did you read BIR's financial statements? unbelieavable what moronic drivel one has to read on this board just to find some nuggets

[Burgersandfries]

Moronic posts like your last one on October 15 where you said natgas would be over $5:50 for the next 6 months? I guess I'll throw you in the moron bin right by me:)

[Burgersandfries]

You could throw the coo of advantage in the moronic bin too he's against buy backs he's more about costs production and debt reduction before divi's and buy backs 

[Dragon1]

Yes,they can easily realise all those options so why not.I added on also last week and am looking forward to 2022