RE: "Boredom" selling7 Mar 2024 07:14
Jcool - fully agree. Share buybacks are currently in vogue, although here because we have such a small mcap, currently around Β£18m, any announcement on that front would be very modest.
It's accepted we are light years away from any dividends, but then most are here for growth in any case, and if we are serious about an eventual Nasdaq listing (in my view too a while away) then the sp will have to be many multiples of the current 0.18p to achieve that. Buying back our currently undervalued shares by the company would be a start. Obviously the big impact won't come through until we get a string of regular positive RNS's, but like others I have 100% confidence in the work our 3 amigo's, plus the others lets not forget them either, are doing behind the scenes to build DGI into a world-class company.
If you are a strong believer here, buying and holding to start shrinking the free float is a good start towards making the shares more valuable. That, obviously, is only going to be done when we get more proof of positive progress here, which I am in doubt isn't far away.