They say it’s undervalued by the market. If they are a retail
I thought it was unprofessional of directors to comment on the share price of companies they representing.
If the directors really believe the share price is undervalued why not just simply have an share buyback.
Instead of spending money on an Aussie listing in the hope the Aussies push the SP up.
An substantial buyback is more likely to give share holders the confidence the directors are looking for.
Posted on page 212.
We are now on page 412.
200 pages and we are back there.!
Come on Bull move on.
Lets hear Todd's and Aaron's plans for coming out of lock down.
What are their prospects.?
Going back and flogging a dead horse we learn nothing.
I take my hat of to you fronting on a forum , I wont be able to make your call but it would be appreciated if you could explain to all why the buyback was done instead of using the funds to pay of your high debt.
The more hindsight you have, the better armchair manager you become!
SNOOPY
Watch out for the most persistent and dangerous version of Covid-19: B.S.24/7
For those that are interested, I would be happy to run a Zoom call giving an update on life in lockdown at Turners Auto Group and how we see the business emerging. Aaron Saunders and I have been running a series of these with the major wealth advisor firms and institutional investors over the last two weeks. Perhaps if you could give me some sense via feedback to the post whether this would be of interest and if there is I will set it up. Thanks Todd
OK here are the details for the Business Update / Q&A with myself and Aaron Saunders.
Would like to add my appreciation of you doing this Todd. Unfortunately I will not be able to join the call but congratulate you for offering this to Sharetraders. blackcaps idea to let the NZSA send out an email is a good one and hope it gets taken up. Well done.
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