share buy back announced, page-69

I agree but there are so many cheap companies at the moment. If it goes down much more I will not be able to resist picking up some more.

I am pleased the company is lowering the bid in the buyback. There are forced/scared sellers and I would prefer the company to be buying back shares as low as possible.

Remember the $15m raised from the Wyllie placement was used to repay USD debt when the AUD was worth $0.95 USD, so we are a few million ahead on the currency as well. Nothing too significant but all incremental for shareholders who are patient.

Just my opinion
Monty