RE: Share buyback14 Apr 2023 20:02
This isn’t going to be a quick buy shares and get the price up, reducing the shares in issue is going to be invaluable in the future and in 10 years times if the company get to where they want we could see some dividends and will be extremely thankful for the reduction as it means we get paid more. I’ve been keeping track of the buy back and will post the figures on a Friday if people feel it useful
I brought in when this was Eddie stobart and truthfactory was spouting his rubbish about how we were all going to loose our money .. I’m happy to say I didn’t and the profit here is looking healthy
I personally feel this is one to just forget about for a while, check in every now and then but don’t expect it to moon overnight
Details of buyback so far
Total shares brought 823,261
Total spent 124907.837
%r money spent * 0.8327189133
% shares brought* 0.7327453743
(% shares brought* and %money spent refer to the figures the company were willing to spend and maximum number of share permitted to buy back max shares: 112,352,944 max spend:15000000)