Originally Posted by
peat
don't forget how we've been underwhelmed by most directors stock picking abilities.
which is what buying your own shares is.
Maybe the low price (on days other than say March 23rd) is telling the directors that they're not doing a very good job and they should be focussing on that so as to alter the markets perception
I know it sounds all good from the numbers but really I would prefer debt paid off first, some cash in the bank, a steady dividend and then buy your own paper. There is just something that smacks of ponzi with buy backs.