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Longwei Petroleum Investment Holding Limited Message Board

cyberhoward2002 1 post  |  Last Activity: Feb 7, 2015 10:27 AM Member since: Nov 4, 2002
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  • cyberhoward2002 by cyberhoward2002 Feb 7, 2015 10:27 AM Flag

    It cost about 5 billion dollars to purchase back 50 million shares of GILD Stock. There is outstanding some 1billion and 647 million shares. Please advise me how much in cents does it increase the net profit. Is it a penny, a nickel?

    it appears to me that substantial billions are needed to bring about a substantial effect to the bottom line. Is there a better more effective way to utilize the billions of cash flow? Would appreciate some comment. Thanks..

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