RE: BUY BACKS DO NOT GUARANTEE AN INCREASED SHARE PRICE16 Aug 2024 19:38
Fleccy, agree with many of your posts normally but don’t agree that a consolidation will make any difference whatsoever. Whether the share is 55p with a small buy/sell spread or 220p with a larger one, it’ll make no difference to the market capitalisation. The MMs will determine the share price but buybacks will mathematically increase it. The CEOs and boards of Nvidia, Microsoft, Apple, Meta, Alphabet, Uber etc must have it all wrong and you, BLB, livestock, Brixton must be right instead 🙄