RE: Petro Matad – A company still priced like an explorer, but operating like a producer14 Oct 2025 09:53
In the short term, the raise was amazing. It’s been a golden opportunity to buy uber cheap. And and and if those funds generate hundreds of millions moving forward it’s been a master stroke.
Always remember, companies can offer dividends and also “do” buy backs.
When we have funds, if the SP is too low, management can buy back our own shares and cancel them. Thus meaning less shares in issue and a higher SP in theory.
Buy backs are the opposite of fundys