buy back to 45c, last trade 35c, page-21

There is no doubt the company on most metrics is considerably undervalued. But why isn't the stock being snapped up? Everyone wants a bargain.

Here is a very simple question: Who did they consult when they proposed the buyback? what were the other options available?

Look at the share prices of WIC + OZG and tell me whether you think their buybacks are working? Both are illiquid WA stocks.

Higher dividends? I think shareholders just want to see the share price move up, especially the people that are buying the stock now.

Pep