I know that the buyback of shares has been mentioned multiple times before as a means of increasing share price and value over time. However, the point has been made on other mining boards that, in the presence of any naked short selling, the company can keep buying share after share and never effectively reduce the float of shares. The naked short sellers will just sell more "air shares" to the company, siphoning off more funds and giving the company no benefit. What has been suggested as a more effective means of protecting the company is the offering of a dividend. As I understand it, the benefit is that naked short sellers ARE on the hook for the payout of dividends for "air shares" they have sold into the marketplace. A dividend, however small, makes a stock more attractive to any buyer. SFMI should consider this option as they become more visible in the market, and therefore, a bigger target to market manipulators.
