What I like about this share26 Jun 2021 11:45
First of all, I am grateful to RKBeekeper for all his research......wouldn't be here otherwise......Big thank you .
The positive signs for me is when a company starts/has purchased all its deferred shares back...
That gives me the impression something exciting will happen, because there is a plan to increase profits and limit liabilities.
Also the low share price at present, is fantastic but not overall happy with the amount of shares in circulation ( but can't have everything).
Question
In regards to the share price, the company bought back all its deferred shares was that part of agreement/strategy?
Unfortunately, it's a difficult question to answer. Only the BoD will know that, maybe they will answer it after their next announcement.
Question
Will they then be buying back in order to reduce the amount of shares in circulation?
I personally think no, not yet .
I think with expectations and my exposure to this share, I m excited. There of course two paths for this share to take but hopefully both exciting as each other.
Goodluck all, best wishes schalf