Darktrace

 

fuji996 Dec '21 - 09:56 - 1753 of 1978 FROM ADVFN

0  3 0

This is the most illogical action I have seen from DARK. For a company that issued 699 million shares what a few million buy back will change to the dilution ? Instead of saving money and rather use it for R & D, they freeze it for no benefit whatsoever. It is like a drop in the ocean. This is the first time I am not happy with what they are doing. Now let's assume they start running out of money, are they going to ask the market for more money by issuing more shares ? If it is the case what's the point of buying back shares and wasting £30 million in the first place ? Really puzzled.