Replies to post #37 on Global Industries (GLBL)

[winner take all]

You are correct!

The best logical step for management is to buy back shares. They save interest payments due at 30% and reduce share count for future distribution.

Stock goes up and then they use as currency. this helps GLBL & SUNE and this strategy will raise future distributions.

[Criz]

Thanks for the article and links. It was very well thought out and an eye opener.



Many thanks, Criz