RE: Buy back ; another 50,000 shares21 Feb 2023 09:39
Mamy punters believe that the monies being 'saved' up by the company are going to be ploughed into that damp squid West Newton, for when the dynamic duo over at Reabold coming a visiting asking for financial support for Rathlin Energy. That project will suck up perhaps £20-£40M over many many years without more than a 50-50 chance of success at best. However, the directors meanwhile will be on a golden draw down every year in salaries, expenses etc.
Would you blame them?....rhetorical, of course not!
That's what those with insight can visualise, and that's why the price is where it is.
Over to the defenders of D.B now like Heid to poo poo the thought.