Texas Pacific Land Corporation (TPL)

[couldbebetter]

What I am curious about is this:

Given the price of TPL stock right now I would suggest it is "overvalued."
Will management decide to continue with the "old" strategy of reducing
the stock outstanding? (More difficult to do when you can now issue new
shares to management as a way to compensate yourself.) So will they
announce a stock buy back program?

Or...Will management decide to use their "overvalued" stock as currency
to acquire assets (or other companies) that may be accretive to TPL
earnings? I have no opinion on this as both strategies offer advantages
and disadvantages depending on how either one (or both) are executed.

The old institutions invested here may have their own ideas as to what
to do or not do. "They" may want to make certain TPL is made to fit
index fund inclusions so that the price will move up as index funds
are forced to buy. Then there is the question of whether or not to
split the stock...if so how much and when?

Questions, questions, questions...Management should NOW do quarterly
conference calls! (To explain their strategy going forward.)