Ann: Update - Notification of buy-back - CE1, page-8

Interesting to see the buy price information. At least this puts something of a floor under the price and creates a place for potential buyers to start adding their bids.
I don't imagine they are going to be too aggressive i.e. pushing the price into the mid-20s, even though they could. I think they will let the market do most of the 'heavy lifting'. Also, we/I want them to use available cash in the most economical way possible, balancing share price support with re-investing the cash in new drilling and dividends.