RE: Share buyback30 May 2020 19:33
Evening Tigers,
For my two penny worth, we have trusted the directors and large shareholders to date since certainly in my case 2017; up with Bonker (whom I believed In a lot of what he said) down to the depths of 1.15-1.20 when I decided to go for it, and back up to where we are now.
There is a reason why the BOD, who own (Incl TG”s large holding) lots of shares have decided to do the share consolidation.
Of course we as shareholders are going to discuss the merits/negatives of this move but ultimately I’m happy to go with our BOD because clearly there is a reason they want to do it.
Transparency, paperwork, divi payouts, warrants I would imagine are far easier and cheaper to issue/sort with 150M shares in issue rather than the current volume.
I truly believe we are going to strike with some serious news imminently and my recent commitment to buying stock, along with people like BigMJ, I hope have been the right move.
I’m absolutely over the moon with the current direction of MTR and all their strategies. I know I’m in the blue now and I hope the others who are just behind me will also get there shortly as at one point I was 68% down, like many many others.
I hope this board doesn’t get clogged up too much with this consolidation because the other news which is coming I think will be soo exciting and more financially beneficial to us all and after all, we are here solely for that !!
Stay safe and well Tigers, its all on its way for us LTH”s.