RE: Treasury shares6 Jan 2021 13:24
"Not sure of the exact figures but if we had the confidence to follow suit we'd be rich beyond our wildest dreams."
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What?!
I can have pretty 'wild' dreams.....putting Bezos to shame!
I'm guessing that TRMR Treasury shares were bought at somewhere near £1.40 (pure guessti,mate), so now the SP is circa £3.60. That's an increase of 257%.....which is good, but would hardly warrant the above 'wildest dreams' statement. I suppose I could have sold the house, moved into a caravan on local council land, invested everything in TRMR when they were 80p and I would be doing OK. But I didn't quite have that level of confidence in TRMR. Even TRMR didn't quite go the 'whole hog' on their buy-backs....it was a percentage (albeit quite a large %) of their overall cash reserves/free cash flow. BUT they done good!! Just need to find a way to use the treasury shares effectively....or just give me/us the cash.