BRL 0.00% 81.0¢ bathurst resources limited.

Ann: Daily share buy-back notice - Appendix 3E, page-13

  1. 200 Posts.
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    Their entire $11 million spend on the buyback is worth less than 2 weeks of "consolidated" cash flow.  You think they lack for "consolidated" cash in the bank? 


    In fact, it is interesting that they did not report a dividend received from BT Mining this quarter.  So if they were waiting for BT Mining cash to show up before they started buying back their shares...well that dividend cash did not show up. This buy back is being done despite that.


 
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