RE: Share buyback24 Jun 2024 12:06
"if this possibility makes you lose sleep then move on..."
lol, far from it, well in profit even at todays SP, however that should not detract from what I see as Mercuria's intentions at some point. Critically Mercuria have not added to their holding either as this would create a minimal threshold SP for them. So long as the dividend remains high in % terms and they don't dilute themselves we are in the status quo period afaic. Look at who they have on our board as NED's, Lawson, being one, who may still be key in achieving SQZ next transformational milestone. My overriding concern is, will SH's benefit in any future success coming SQZ's way.
Before all the WFT (EPL) came in to kill off investor sentiment in NS O&G, I was pretty sure that another BP BKR style deal was in the offering, maybe there still is at the right price.
aimo & dyor