Replies to post #79470 on PHI Group Inc (PHIL)

[Djk0689]

The RS is a very valid topic as the ceo said many times and even on the last cc that the buyback is a delicate process.

We have two choices stop posting dd on the board and stop going against bashers.

Or risk a RS. Price needs to be much lower. Who is to say we won’t face one anyway it’s sliced. The ceo changed the dividend from 20/1 to 2000/1.

I have personally been concern about this change since it happen. This tells me we might get a water down version of the buyback and dividend. So long as he does it in some fashion he won’t risk class action from investors.

Say he buys back I don’t know 10bill shares then does dividend. He mention on the last cc dividend needs more value and to have things folded in.

I’m 50/50 at this point we face a RS shortly after dividend and buyback. Given how the ceo has danced around the topic the last few cc.

[facts_matter14]

How do you know I won’t be doubling my position if it goes lower??????
;-)