IDG had difficulty buying stock on Wednesday as sellers refused to come down to accept their 45c bid. Interesting now with 18 million more shares to buy, maybe we've reached the point where sellers are drying up.
Looking a bit cheap in this situation and could trade up to 50c quite quickly.
So far it looks as if IDG have had an easy ride buying up stock, but the road ahead may not be so flat.
share buyback, page-33
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)