Mr Schmidt on Substack: "Hi, I thought I'd post it here: Yesterday DEC announced a ~100m GbP share buyback program and today I received a notification that they bought back 100K shares since yesterday. Today they also sold 40m GbP of non-core assets. (They claim it to be valued at 4x expected cash flo…"

Tegus sponsored deep dive #4: Natural Gas (part 3: $CNX and $DEC bear cases and expert call takeaways)

Hi,

I thought I'd post it here:

Yesterday DEC announced a ~100m GbP share buyback program and today I received a notification that they bought back 100K shares since yesterday.

Today they also sold 40m GbP of non-core assets. (They claim it to be valued at 4x expected cash flow for 2023)

Cheers

Jun 28, 2023

8:39 AM