Be hilarious if Jeff came out and said the Board considers the shares are far too cheap and the market doesn’t appreciate their growth strategy .....and announce a share buy back
”When investors are euphoric, they are incapable of recognising euphoria itself “
Doesn’t seem that long ago they were crowing about having far too much capital and were going to give us some back.
Percy could well be on the mark - do a big one and be done with it. Can only see underwriters being prepared to do a 3:5 however myself so call it $250m via a heavily discounted 75c issue price.
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