Member Info for Jrlomax

The problem is that peel hunt who are managing the share buy back also manage short accounts, do you see the issue.

They said they would buy UP TO $10 million , but I agree with your sentiment, the plan to increase the value isn’t working buying such small amounts

It could be that they expect the pipeline to open and money owed paid , in which case they may pay a one off dividend and throw in the balance of the buy back money. 🤷🏻‍♂️🤷🏻‍♂️🤷🏻‍♂️

Putup, nobody gives a fook fella

Maybe but the shares bought back are cancelled forever

Don’t forget that Peel hunt and the shorters are all mates , it’s all linked so don’t expect fireworks. Professional shorters never get burned their mates let them out easy

The fact the buying stopped for a few days indicates some sort of plan 🤷🏻‍♂️

Does anyone know how much we get per barrel trucking the oil compared to down the pipe. Thanks

The shorters need to understand that share buy backs can be announced at anytime now we have the cash, notice how they’ve stopped for the last few days.

They never bought any yesterday

No share buy backs yesterday 🤷🏻‍♂️

After a stock goes ex-dividend, the share price typically drops by the amount of the dividend paid to reflect the fact that new shareholders are not entitled to that payment.

You do know don’t you that the share price always falls by the dividend amount

😂😂😂have you really just figured out the intention of a buy back.

Maybe that’s conclusive enough for you

Eh !! I asked a polite question, it’s dropped today has it not.

What are your targets after todays drop Swazer?

Dividends are good and can be reinvested over time but the share price will drop by the dividend amount

No shares 😂😂😂😂 apart from the millions from the placing 😂😂😂😂

Thank you