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0.00% $1.17 thorn group limited

Ann: Notification of buy-back - TGA, page-5

  1. friendlydwarves
    3,442 Posts.
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    15/02/22
    17:12
    Post #: 59588702
    That doesn’t explain it. They don’t NEED to buy a single share in the buyback. So why not go with the absolutely standard 10% authority level? Does it have something to do with Somers’ existing shareholding level, and a concern by TGA that they’d possibly be taken to the Panel again if they went for 10%?
    TGA Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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