got answers from CFO James Mackieonly after waiting 1 1/2 months and sending 3 further emails, i got a reply from CFO James Mackie. The MGM and Board of MJS has been "strategizing for the future growth and increasing shareholder’s value in MJS " following the successful listing of PRG. " Among the discussed initiatives are the three you mention below."
My mentions: reverse share split 10 to 1 / 1.045.000.000 to 104.500.000
dividend of at least 5US dollar cent based on 104.500.000 shares
share buy back program worth the name
"MJS anticipates providing shareholder updates in the upcoming weeks."
The only thing we can take for sure, there will be an anouncement of some sort in the direction of shareholdervalue in the "upcoming weeks."
You can make of that what you want. They are now free to finally do something worth their money but with the experience with this company, it can be a complete underwhelming experience once again.
best
richard
Following the successful listing of PRG, the board and management have been strategizing for the future growth and increasing shareholder’s value in MJS and among the discussed initiatives are the three you mention below.
MJS anticipates providing shareholder updates in the upcoming weeks.