HUM 0.00% 44.0¢ humm group limited

Ann: Update - Notification of buy-back - HUM, page-5

  1. 298 Posts.
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    Sorry, what I meant was that if the average share price has been 45c over the last 5 trading days the buy back allows for only a purchase of share up 5% higher than the rolling average. Now in theory this could push the share price up slowly each day. However as we saw a drop in share price yesterday the rolling average will drop also. Happy to see it move up, I just see it languishing at these prices unless there’s some outside buying to move the share price or some surprise news. Both seem unlikely.
 
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