Post by
CrazyTrader on Nov 09, 2024 9:12am
Will Parex, PXT, be the ONE ???!!!!!! The one to show all
others how to REALLY treat SHAREHOLDERS right??? Share Value will EXPLODE UP EXPONENTIALLY if things continue the way they are going....... with Buybacks at these crazy low share prices and oil prices remaining at these levels or higher.
PXT has managed to almost buyback 37% it's outstanding shares in a couple years at much higher prices. It's not crazy to think that in just a few more years it could almost buyback all outstanding shares especially with share prices at almost 1/2 of what they were buying back before.
What would that mean for the remaining shareholders...... Imagine $100s, if not $1000s earnings per share!!!!!
It's possible if PAREX chooses so if current situation with oil prices and share prices and buybacks continue the way they are.
Will Parex be the One........ or will Parex become like all others in taking advantage of shareholders?