RE: Presentation30 Mar 2026 12:15
Yeah price going down (as pretty much all the AIM market shares have to ludicrous levels), BUT the lower the MEGP share price, the more shares can be bought back and cancelled as per the RNS last week - £18m share buyback to commence from 23 March to 31 December.
We've already seen 1 million shares bought back at average price 137.3p and cancelled. The broker should take advantage of the daft low share price and fill their boots at this level.
The more cancelled shares, the bigger the bounce in share price, when a resolution is found in Iran / reopening Strait of Hormuz.