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16:22
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Originally posted by Samscout
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"but as yet unable to find one that meets their search for value and of course ROI expectations"As a general guide to fulfilling these duties, reference should be made to the words of Professor Baxt in Duties and Responsibilities of Directors and Officers 21e (2016) at p 72: "During times of difficulty and conflict, the yardstick by which a director may safely judge their own actions is this: Taking account of all the circumstances, is what I propose to do "in my honest belief" in the best interests of all the shareholders (present and future) of the particular company of which I am a director?
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Hmm.. interesting thoughts, and I'd certainly be pro a buyback if it does indeed result in a higher share price. But, I'd be pretty confident they have considered it, which begs the question why would they not be doing a buyback?
(20min delay)
