There is no doubt the company on most metrics is considerably...

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