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woodleighinvestor

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woodleighinvestor

Re: shotsky post# 173931

Tuesday, 09/01/2020 8:02:46 AM

Tuesday, September 01, 2020 8:02:46 AM

Post# of 186031
I cover markets globally, so see a lot of names and markets. One such example is a HK listed company which went through an IPO a couple of years back. The share price declined, so they used the cash on hand to buy back shares and reduce the AS. This company wasn't profitable and didn't borrow money.
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