Post by
Predator2018 on Dec 21, 2021 11:09am
SHARE BUYBACK IS GOOD
NICE SEEING MANAGEMENT ANOUNCE A SHARES BUYBACK. BULLISH
Comment by
Stratocheif on Dec 28, 2021 9:08am
They were too cash poor to respect the maturity date of the U debentures, redeeming only half, committing themselves to pay super high interest on the rest and now they decided they are rich enough to buy back shares and other debentures. What's going on with these people?
Comment by
pjn0987654321 on Dec 28, 2021 4:29pm
It's not like they are spending very much at the current share price when they are allowed to buy only 6000 shares a day.
Comment by
pennydredful on Dec 29, 2021 3:39pm
8 percent is not super high. They sold an asset to up the cash portion to the maturing deb holders and have cash left from that sale to buy a few shares.
Comment by
pennydredful on Jan 21, 2022 3:46pm
correction 7% up from 5.75%