SEV 0.00% $7.41 seven network limited

I'm not sure how that would work.Even if he does buy back 31...

  1. 206 Posts.
    I'm not sure how that would work.

    Even if he does buy back 31 millon more shares, there are still about 160 million shares left. At $8.5-9 they cost about $1.4 billion. A further $0.5 billion is needed to redeem TELYS3.

    Now, why would he spend all that cash when he is already treating SEV like a private company? What additional benefit is worth that much money?
 
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