ZFX zinifex limited

buy back facts, page-9

  1. 5,233 Posts.
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    re: buy back facts:phil300 hi phil,
    i hear where you are coming from with this buy back/price support thing.
    however the amount of shares that they actually buy back are inconsequential to the volume traded on a daily basis.
    For example on a big day they bought 380k and on most days they trade 4-7 million. i dont think you will hold the true momentum of the market with that size of trade.
    If so then i will endeavour to use my 20k more wisely in the future. lol

    cheers
    andrewe
 
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