Originally Posted by
BlackPeter
As a long term shareholder I really hope management have better things to do than managing the short term jitter of the share price with buybacks or whatever. Really, who cares.
Relevant is only the real underlying value which this company will generate over decades. Can't complain so far - SP from 80 cents to $1.40 roundabout in a bit more than 4 years, this would be a CAGR of 15% plus add the dividend, say nearly 20% added shareholder value per year.
Obviously - anybody who likes a bit of a gamble would have bought last year around 50 cents per share or below, and would have earned since than more than 100% p.a.
What exactly are you complaining about - 100% pa not enough return?